CNBC—“After the next cut, the fed funds rate would re-enter the zone where there is no evidence that further cuts help the economy,” wrote John Donaldson, director of fixed income in the recent CNBC Fed Survey. “If ultra-low rates and negative rates are such a panacea, why aren’t Japan and Germany growing at 6% rather Read More →
Bloomberg Businessweek—“It’s much to do about very little,” Co-CIO Hank Smith told Bloomberg Businessweek about the antitrust probes. He added that fear of voter backlash will keep the companies safe from politicians looking to break them apart. Click to read article
Bloomberg Radio—Hank Smith, Co-Chief Investment Officer, talked trade with Carol Massar and Jason Kelly on Bloomberg Businessweek. Click to listen to clip
Authority Magazine—Binney Wietlisbach, President, was featured in Authority Magazine as part of a Women Leading the Finance Industry interview series. Wietlisbach stated, “Becoming a family’s trusted advisor is a humbling honor and responsibility — someone that is called in a family emergency. Being able to serve people in that capacity is what excites me when Read More →
CNBC—Co-CIO Hank Smith appeared on CNBC’s Worldwide Exchange and discussed how the stock market has managed to withstand a number of body blows, from an inverted yield curve to a global slowdown, to keep moving higher. Click to view clip
CNBC—Hank Smith, Co-Chief Investment Officer, joined CNBC's Squawk Box team to discuss what investors should watch in European Central Bank president Mario Draghi's stimulus package. Click to view clip
The Philadelphia Inquirer—What began as a seven-man playoff came down to George Forster, the long-time head professional at Radnor Valley Country Club, and Philadelphia Cricket Club assistant pro Rusty Harbold, and went to the seventh extra hole before Forster knocked in a 12-foot birdie putt for the victory at this year’s Haverford Trust Philadelphia PGA Read More →
The Philadelphia Inquirer—A playoff to decide the champion and winner of the $100,000 first-prize check in the Haverford Philadelphia PGA Classic was called by darkness Tuesday night with five players still alive. Click to read article
Reuters—The U.S.-China trade war looms large as a key risk to bullish targets for the market, according to a Reuters article. Hank Smith, Co-CIO commented, “The risk to our rosy view has clearly risen,” adding, “Trump may think China-bashing is a winning issue” for the 2020 U.S. presidential election or that China may not be Read More →
The Bond Buyer published this article today, quoting John Donaldson, Haverford Trust Vice President & Director of Fixed Income, among other experts to help analyze the significance of today’s bond market event. For a brief period today, a key portion of the yield curve inverted, meaning the yield on two-year U.S. Treasury notes was higher Read More →
