Money Clip

Blog by Matthias Paul Kuhlmey


Matthias Paul Kuhlmey is a Managing Director & Partner at HighTower Advisors, where he serves as wealth manager to High Net Worth and Ultra-High Net Worth Individuals, Family Offices, and Institutions.

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  • Not Enough Money

    Wednesday, January 28, 2015

    Posted by: Matthias Paul Kuhlmey

    Mario Draghi, head of the European Central Bank (ECB), has never been more committed to change the path of a deflationary bust. His recent announcement of providing 1 trillion euro to the marketplace has been more than welcomed by financial markets. In my most recent media round, I argue that the ECB has not done enough. For more background, please see my post at WealthManagement.com titled, “Not Enough Money.”

    My thoughts on the ECB are also available in interview format via Chuck Jaffe’s MoneyLife Show. Please click here to listen to this morning’s segment.

  • How to Break a Bank

    Thursday, January 22, 2015

    Posted by: Matthias Paul Kuhlmey

    As featured at WealthManagement.com

    http://wealthmanagement.com/viewpoints/how-break-bank

    The debacle surrounding the Swiss National Bank’s (SNB) end to the euro/swiss Franc (EUR/CHF) currency peg has caused significant market volatility and counterparty defaults, and yet most financial pundits are suggesting that we simply move on. Critical investors, nevertheless, need to assess the situation more carefully, as there is more to the story than meets the eye.

    To continue reading, please click here for the full article.

  • Collective Wisdom – MoneyLife Radio Show

    Wednesday, January 21, 2015

    Posted by: Matthias Paul Kuhlmey

    This morning, I made an appearance on Chuck Jaffe’s MoneyLife Show along with my colleague, Matt Harris, to discuss the Swiss National Bank’s recent decision to un-peg the Swiss Franc from the Euro, and the related (continued) impact on global investment markets. Please click here to listen.

    HighTower was designed specifically not to follow a single viewpoint, or “house view,” in Wall Street jargon. Consequently, as we do not have to sell product, but rather provide advice, our business model allows us to reduce or avoid many conflicts we may have faced earlier in our careers as financial advisors. As partners in our business, we take great pride and responsibility in sharing best practices and ideas to deliver excellence to our clients.

  • Rewind

    Friday, January 16, 2015

    Posted By: Avita Sukhram

    Every man has a sane spot somewhere.  – Robert Louis Stevenson

    If you’re still looking to make sense of the Charlie Hebdo terrorist attacks that stunned the world last week, here’s where things stand so far.  Amidst the funerals held this week for those that lost their lives, anti-terror raids were conducted all across Europe from Paris to Berlin.  On Sunday, the anti-terror rally held in Paris to show support for the victims was quite the success with many global leaders showing their solidarity “for the Republic”, “against hatred” and “for history”.  Most notably, not a single US official attended the rally.  Which, if the roles were reversed, may have serious repercussions, but since we are the US, just a whole lot of passive-aggressive “reasons”, some disappointed op-eds, and an apology that didn’t seem as heartfelt as Rupert Murdoch might have liked.

    Oh, hello there Mr. Murdoch! The tweet heard round the world this week, and if you didn’t hear it, author JK Rowling and comedian Aziz Ansari made sure you did! Which, in turn started this week’s trending #rupertsfaultoh Twitter, you’re so clever, but can you ever be serious for longer than a week?

    Meanwhile, lots of changes in the NFL while the remaining 4 teams gear up for Championship Sunday (did you see those Colts??), Google learns the hard way that fashion will (always) trump function (seriously though, who would wear this?!), Facebook makes some interesting moves, Goldman Sachs seems to not be doing so well after all, Egyptian Revolt 4th anniversary, introducing Modinomics,  Medicare Chief steps down while Reince Priebus keeps his job, and the Swiss have currency traders all on edge in what has already been an interesting January for the markets!

    The week’s biggest news comes right at the end, as the Supreme Court agrees to rule on same-sex marriage and potentially decide by June (whatever the decision, it is history in the making)!

    Tying it all together, things seem to be going along with just a few surprises and after the last few weeks we’ve had maybe this is our collective moment of sanity.

    We hope you had a good week and have a great weekend ahead!

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    The Bodyweight Wars
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  • Next Stop: Europe

    Thursday, January 15, 2015

    Euro Picture

    Posted by: Matthias Paul Kuhlmey

    As featured at WealthManagement.com

    http://wealthmanagement.com/viewpoints/next-stop-europe

    The disconnect between Wall Street and Main Street is often difficult to grasp. Whereas investors in U.S. financial assets have been reaping generous rewards, most Americans, in comparison, were faced with a far more moderate, if not underwhelming outcome related to the nation’s economic recovery. It should not come as a surprise that this particular relationship will have to rebalance, likely in the direction of a more robust economy with less attractive investment returns. The reverse logic, however, holds true given current conditions in most of Europe, most notably considering the nations bound by its monetary union (EMU); i.e., in 2015, we may see the resurfacing of Euroland’s attractive investment opportunities, despite deteriorating economic conditions.

    To continue reading, please click here for the full article.

  • Collective Wisdom – MoneyLife Radio Show

    Wednesday, January 14, 2015

    Posted by: Matthias Paul Kuhlmey

    This morning, I made an appearance on Chuck Jaffe’s MoneyLife Show along with my partners, David Molnar and James Hausberg, to discuss our best ideas for 2015, including European stocks, midstream MLPs, and small-cap U.S. companies. Please click here to listen.

    HighTower was designed specifically not to follow a single viewpoint, or “house view,” in Wall Street jargon. Consequently, as we do not have to sell product, but rather provide advice, our business model allows us to reduce or avoid many conflicts we may have faced earlier in our careers as financial advisors. As partners in our business, we take great pride and responsibility in sharing best practices and ideas to deliver excellence to our clients.

  • Message in a Bottle

    Thursday, January 8, 2015

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    Posted by: Matthias Paul Kuhlmey

    As featured at WealthManagement.com

    http://wealthmanagement.com/viewpoints/message-bottle

    “A year has passed, since I wrote my note” – just the right lyrics by old rockers, The Police, to appropriately greet 2015. Whereas we are not here to police, it remains our responsibility to stay critical of previously written content and notes. In case readers missed our September entry, The Bear Of 2015 (potentially due to giddiness over market momentum), it seems we had the precious fortune of foresight. The bottom line: it remains a risk to become too entrenched in a lopsided (U.S.) equity story, as the likelihood for global contagion, especially related to developments in Europe, is significant.

    To continue reading, please click here for the full article.

     

  • Collective Wisdom – MoneyLife Radio Show

    Wednesday, January 7, 2015

    Posted by: Matthias Paul Kuhlmey

    Bull or bear? This morning, my colleagues, Maja Janko and Matt Harris, and I made an appearance on Chuck Jaffe’s MoneyLife Show to discuss our outlook on global markets for 2015. Please click here to listen.

    HighTower was designed specifically not to follow a single viewpoint, or “house view,” in Wall Street jargon. Consequently, as we do not have to sell product, but rather provide advice, our business model allows us to reduce or avoid many conflicts we may have faced earlier in our careers as financial advisors. As partners in our business, we take great pride and responsibility in sharing best practices and ideas to deliver excellence to our clients.

  • Collective Wisdom – MoneyLife Radio Show

    Wednesday, December 31, 2014

    Posted by: Matthias Paul Kuhlmey

    This morning, I made an appearance on Chuck Jaffe’s MoneyLife Show to discuss the elusive topics of prosperity and happiness, as well as the importance of gaining memorable experiences throughout life. The content on today’s segment is based off of my recent piece featured in The Huffington Post, titled “Happiness: The Holiday Edition.” Please click here to listen.

    HighTower was designed specifically not to follow a single viewpoint, or “house view,” in Wall Street jargon. Consequently, as we do not have to sell product, but rather provide advice, our business model allows us to reduce or avoid many conflicts we may have faced earlier in our careers as financial advisors. As partners in our business, we take great pride and responsibility in sharing best practices and ideas to deliver excellence to our clients.

  • Drop It Low – A Reprise

    Friday, December 19, 2014

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    Posted by: Matthias Paul Kuhlmey

    As featured at WealthManagement.com

    http://wealthmanagement.com/viewpoints/drop-it-low-reprise

    If you have a passion for animated film, or children that may have dragged you along to watch a “flick” here and there, you may know Pedro, the rather obese red-crested cardinal from the 3D-motion picture, Rio. Pedro, self-declared, knew how to “set the mood” with his signature dance, “dropping low.” In this very capacity, our swaggering bird friend has become my symbolic icon, mainly in representation of the monetary policy dance, and a seemingly deflationary environment, with several markets “dropping low” at an alarming rate these days.

    To continue reading, please click here for the full article.