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October 9, 2024
October 9, 2024 Pathstone Client Webinar, Social Capital: Connecting Your Vision and Purpose to the World Around You featuring Pathstone’s Katherine Pease, Alyssa Do, Hannah Kanstroom, and Ron Cordes, co-founder of Cordes Foundation is now available.
Listen to a discussion on how families think about social capital in the context of their Legacy, Relationship, Financial and Human Capital, and discover insights on qualitative and technical opportunities for families looking to enhance their lives through the pursuit of service and support of others.
Replay available here: Social Capital: Connecting Your Vision and Purpose to the World Around You
October 7, 2024
As proponents of long-term investing, Pathstone seeks to identify and understand secular trends and disruptive forces that are likely to drive sustained and varied opportunities for investment. Along with many fund managers with whom we place capital on clients’ behalf, we see long-term potential rooted in the imbalance of electricity supply with demand, which has seen a recent boost – a turbocharge, really – from the advent of generative artificial intelligence (AI).
October 3, 2024
Markets surged in Q3, fueled by the first rate cut of the cycle. This pivotal shift sparked a remarkable rotation, with previously overlooked assets stealing the spotlight. REITs, small caps, value stocks, and international markets outperformed. The weakening US Dollar propelled international markets and expansionary monetary and fiscal policy measures sent Chinese equities soaring over 20% for the quarter. Gold shone brightly as well, reaching new highs, though oil sold off on weakening demand. Bond performance was back in a big way as yields dipped and the once written off “60/40” portfolio is up double digits in 2024. The US economy is on solid footing after enduring years of high inflation and appears to be on track to achieve the Fed’s coveted soft landing scenario as inflation has cooled but economic growth has remained on trend.
