Nathan T. Farr, CFP, MBA, Senior Vice President/Investments - Stifel

04/09/2025

Financial Advisors, you're invited to check out Stifel - confidentially and conveniently. Hosted by CEO, Ron Kruszewski, tune into our Virtual Open House on April 22 to find out what makes Stifel the investment firm you've been waiting for.

Register Today: https://livesocial.seismic.com/axdvm3

02/03/2025

New tariffs on China, Mexico, and Canada have been officially announced. Next comes retaliation, possibly followed by an escalation, and then probably a negotiation. A negotiated settlement is our base case because it fits with President Trump's track record, both in business and government, of using leverage to reach a deal. However, trade hawks may have more sway in this administration, so the odds of escalation and a prolonged trade war cannot be dismissed. They are higher than they were in Trump's first term. Click here to read more: https://livesocial.seismic.com/aUiXSk

01/31/2025

U.S.-China competition, which is included in our update to our Geopolitical Risk Dashboard, made the news this month as the Chinese company High-Flyer launched the DeepSeek-R1 reasoning model. In this week's , our outlook spotlight discusses the implications of this model launch with a focus on the article Crossroads: Four Ways Forward.

https://stifel.info/SL013125

01/29/2025

The whirlwind of a second Trump term continues. Tariffs, spending freezes, and decisions on tax policy are all being rolled out piecemeal, and key details remain elusive. In our weekly note, we look at the possible timing of announcements and the implementation of tariffs.

Click here to read the full piece: https://livesocial.seismic.com/auSzwZ

01/28/2025

Entering 2025, several Gravitational Shifts signal a return to better balance across markets, the economy, and policy. Read about this and more in Outlook 2025: Gravitational Shifts from Stifel's CIO Office.

Click here to view the full report: https://livesocial.seismic.com/aZNRce

01/27/2025

Take a look at this quarter's Market Perspectives from our CIO Office. We review the prior quarter's capital market returns and economic developments in the context of our outlook and asset allocation themes.

View the full piece here: https://livesocial.seismic.com/aT3kRF

01/24/2025

Expect a flurry of action from the new administration following President-elect Trump's swearing in on Monday. Some of the moves could have an impact on financial markets, but most will not. It might take several days before some of Mr. Trump's top priorities are announced – just because they do not happen on Day 1 or Day 2, does not mean they are not happening.

amazonaws.com

01/17/2025

Last week, we published our Outlook 2025: Gravitational Shifts. This week, we highlight our positive view, fueled by the positive momentum of 2024, while exploring two alternative scenarios, our bull and bear case. We anticipate a positive economic and market environment in 2025, supported by the business-friendly policy backdrop, resilient consumer spending, and robust capital investment.

https://stifel.info/SL011725

01/10/2025

2025 should prove to be an exciting year full of change, and as is my team's practice, earlier this week we released our outlook report, Outlook 2025: Gravitational Shifts. You can read the full report, watch a video summary, or watch our upcoming client webinar, but in this week's , we once again start the year by sharing a brief overview of the report.

https://stifel.info/SL011025

01/10/2025

Meetings taking place this weekend between President-elect Trump and Congressional Republicans could shape the future of tax legislation. These talks will focus on process, which make some eyes glaze over, but the discussions will ultimately impact the substance of legislation. We explain some of the political risks that are at stake and discuss some of the possible takeaways from this weekend's gatherings.

Click here to read more: https://livesocial.seismic.com/a7ekpo

01/09/2025

A second Trump administration will promote a pro-growth and deregulatory agenda even as some policies deviate from a traditional Republican approach – it is a mix of populism and free market economics. Parts of this ambitious agenda can be implemented administratively while other parts, like tax cuts, must be passed by Congress. Investors have already seen how complicated that can be. To read more, click here: https://livesocial.seismic.com/am3al4

01/06/2025

Today, Federal Reserve Board Vice Chairman for Supervision Michael Barr announced that he will resign his leadership post on February 28, 2025, but will remain as a Governor. We explain why we think this is a positive for banks and what the next steps might be. Click here to read more: https://livesocial.seismic.com/aucwnp