Matthew Peron, Chief Investment Officer, Senior Managing Director
Since 2017, increasing concerns over trade and interest rates have taken turns bearing the weight of the market's attention. The result has been much more frequent and sizable pullbacks. Each time, though, the road back for investors has eventually led to new peaks in stock prices. We believe that the market will grow slowly with earnings; however, the journey ahead will likely continue to be rocky, as we are now late in the cycle.
Investment management services provided by City National Bank through its wholly-owned subsidiary City National Rochdale, LLC, a registered investment advisor. Any opinions, projections, forecasts, and forward-looking statements presented herein are valid as of the date of this document and are subject to change. Bonds and bond funds are subject to interest rate risks and will decline in value as interest rates rise. This risk is heightened with investments in longer duration fixed-income securities and during periods when prevailing interest rates are low or negative. All investing is subject to risk, including the possible loss of the money you invest. Past performance is no guarantee of future results.
Investment Products are:
not insured by the FDIC.
not a deposit or other obligation of, or guaranteed by, the bank.
subject to investment risks, including possible loss of the principal amount invested.
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