Solaris Advisors joins Klingenstein Fields
Preserving Capital, Enhancing Returns
The overriding tenet of our philosophy is to preserve capital and enhance its purchasing power. Our private clients come to us with significant wealth, usually earned by them or their forebearers by taking great risk. They turn to us for stability in their investments. We honor that trust by crafting investment programs that seek to protect capital while meeting long-term investment objectives.
Despite the weight of looming geopolitical and trade-related threats and a marked slowdown in global economic growth, US stock and bond markets continued to post gains during the third quarter and are well above trend year-to-date. The concurrent run-up in risk assets and safe havens such as US Treasuries underlines the confusion with which investors are grappling. Further, if September is any indication, stock market leadership appears to be shifting away from momentum-oriented stocks with extreme overvaluations towards more traditional value names.Click here to read the entire commentary