Insights
At Peapack Private, we consider education to be an important part of what we do, both for our clients and for the public overall. That's why we regularly speak to local and national media, and why we contribute articles to leading publications, and our time to professional organizations.
Featured ARTICLES
The Weekly Economic & Market Recap
Equity markets have rallied over the last several weeks as both the United States and China have made several conciliatory gestures in the trade war. China has decided to exempt purchases of U.S. soybeans and pork from punitive tariffs. Relief on soybeans and pork certainly removes some political pressure on President Trump. Chinese agriculture imports of U.S. products are down dramatically since the trade war began hurting farmers, which are an important Trump constituency. The move by the Chinese follows the Trump administration’s two-week postponement of tariff increases on $250 billion of Chinese goods that were scheduled for October 1st. There has been some speculation in the press that an interim trade deal may be in the works that is limited in scope and focuses strictly on trade issues. An agreement, even an interim one, would partially remove some of our concern regarding corporate profits and margins in 2020 and would allow market valuations to continue to lift.
Point View Wealth Management Becomes a Peapack Private Wealth Management Firm
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), parent company of Peapack-Gladstone Bank, is pleased to announce that it has completed the acquisition of Summit, NJ-based Point View Wealth Management (“Point View”), effective September 1, 2019.
Founder David G. Dietze will remain as President and Chief Investment Strategist and Claire E. Toth will continue as Vice President and COO. The entire Point View team will join Peapack Private, the Bank’s robust wealth management division.
HOW TO RECESSION-PROOF YOUR LIFE
If a recession hits, you don’t want to start a job search along with a bunch of other people who’ve just been laid off.
If you don’t feel your job is secure, then make sure your resume is up to date, said certified financial planner Diahann Lassus, co-founder, president and chief investment officer of wealth-management firm Lassus Wherley, a subsidiary of Peapack-Gladstone Bank.
WORRIED ABOUT A RECESSION? DON’T PANIC, SAY FINANCIAL ADVISORS, BUT DO BE PREPARED
“We will eventually go into recession,” said certified financial planner Diahann Lassus, co-founder, president and chief investment officer of wealth management firm, Lassus Wherley, a subsidiary of Peapack-Gladstone Bank. “The business cycle is the business cycle.
“The real question is when and for how long?” she added.
Archived Posts
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