Author: Rob Stein

50 posts written by Rob Stein


Astor Weekly Economic Review- Episode 79 -Payroll Friday

This week- Astor CEO, Rob Stein, and CIO, John Eckstein make sense of the Employment Situation Report and it’s implications- the FED in particular. Rob Stein shares his thoughts on the Fed’s actions coming out of Jackson Hole Economic Symposium and answers John’s question, “Is the latest labor market news going to affect the Fed’s…

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Rob Stein on Millennials and Money with Angela Miles AIM-8/31/21-OP445

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Millennials Prepare for What’s Next

As the millennial generation starts to turn 40, Astor CEO Rob Stein discusses the ramifications with Angela Miles on Business First AM. Will they be able to retire early? Will they need to work well past the age of 65? Rob shares his insights on what it means for the markets and the long term….

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Astor Q2 2021 Strategy Update Recording with CEO & Founder, Rob Stein.

Recording of Astor’s Q2 2021 Strategy Update call with CEO & Founder, Rob Stein.  

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Rob Stein Discusses Inflation Surge on WGN!

Prices are UP! Prices for U.S. consumers jumped the most in 13 years – is it the pandemic? It’s the response to the pandemic mentions Rob. Watch the segment here!  

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My Compelling Reasons for Hyper-Inflation and Potential Impacts

Inflation itself is not a rally-killer for stocks.  Rather, I believe it is the interest rate differential between a risk-free return against the risk on stock prices and dividend yield. I think that spread has favored stocks for some time and very aggressively for the past 12 months.  As rates rise and stocks appreciate, I…

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Rob Stein Update on Inflation

As inflation expectations begin to accelerate and long rates begin to rise, I thought I would review my thoughts on inflation and rates from previous articles and the Outlook 2021. One of the basic definitions of inflation is “too much money chasing too few goods.” With the mailbox money from 2020 increasing money supply and…

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Astor’s 2021 Outlook

2020 is destined to become one of those years that will be remembered just by mentioning two digits, much like ’87, ’01, and ’08 have become synonymous with the events of each respective year. All someone will need to say is “remember ’20,” and we’ll know everything that number entails—from the pandemic to the presidency,…

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Three Things That Will Matter in 2021

With the election behind us and increased visibility of life after the pandemic, I’ve had time to reflect on the economy, the markets and the impact of responses to the economic shut down. Economists often get stuck in the theoretical or the academic reasons for market movements and economies cycles, often missing “the forest for…

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Letter to Investors: Brief Update on Astor Strategies

For A PDF Version of the Letter: Letter to Investors_April 2020 Dear Investors: On March 10th, I published my first ‘Letter to Investors’ of 2020. The U.S. and Global economies continue to change rapidly as the impact of COVID-19 ripples across the globe. At Astor, our job is to assess the amount of risk in…

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What Now?  How about a plan……

Click here for PDF version The markets and the economy have taken an unprecedented hit.  The size and speed of the downturn are like nothing we’ve witnessed before.  There was little anyone could have done unless they were prepared beforehand.  Even a portfolio like our flagship Astor Dynamic Allocation, which prior to this crisis had…

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A 10-Step Response Plan To The Overall Health & Economic Emergency

As state and federal governments weigh the most effective responses to COVID-19 and the economic disruption resulting from efforts to flatten the contagion curve, it is clearly time for some new approaches. The old playbook of the Federal Reserve adding liquidity is unlikely to have an immediate impact. As was written in Astor’s Outlook 2020:…

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Letter to Investors

        03/11/2020 Dear Investors: We are certainly witnessing unprecedented times in the global financial markets. My career in the financial markets spans 30+ years with time spent on the Federal Reserve (Chairmanship of Paul Volcker), managing trading desks for some of the financial industries largest banks, to starting Astor in 1994. The…

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Fed Action: Rate Cut Immunity?

As was telegraphed to the market last Friday and over the weekend, the Federal Reserve cut the federal funds rate by half a percentage point today. In a press conference, Fed Chairman Jerome Powell said, “We saw the risk to the outlook of the economy and chose to act.” That action was fully anticipated by…

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It’s Visibility—Not Uncertainty

The outbreak of the coronavirus (COVID-19) continues to shake the financial markets, with major stock indices dropping into correction territory. (As of Thursday’s close, the S&P 500 was off 12% from its Feb. 19 peak.) While some observers want to chalk it up to “uncertainty” I beg to differ. This problem has more to do…

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Keeping the Coronavirus in Perspective

The major indices are clearly taking the coronavirus more seriously now, with the S&P 500 selling off by 3.4% on Monday, after seemingly ignoring the threat previously as the indices marched to new high after new high. The virus, known as COVID-19, has proven more difficult to contain than previous health scares such as SARS….

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Astor’s 2020 Outlook

Click here to read Astor’s Outlook for 2020. Founder and CEO, Rob Stein, looks back at 2019 in the markets, as well as what could be in store for 2020.  

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The Brain, Heart and Soul of Astor Investment Management

As the CEO and founder of Astor, I am often associated with its success. But just like a living organism is more than a face, so is a firm. It has a brain, a heart, and a soul—all of which are needed to stay alive and thrive. Reflecting on the year, which marks more than $2.6…

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Remembering Paul Volcker, My “Boss”

While I am known for being the author of Inside Greenspan’s Briefcase: Investment Strategies for Profiting from Key Reports & Data (McGraw-Hill, 2002), my career began under the tutelage of another Fed Chairman: Paul Volcker, who passed away on Sunday, December 8, 2019 at the age of 92. In 1984-1985, as a project analyst for…

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Rob Stein Discusses Unemployment Rate on TDA Network’s Morning Trade Live – December 6, 2019

Watch Astor’s CEO and Founder, Rob Stein, on TDA Network’s, Morning Trade Live with Oliver Renick,  as they discuss the current unemployment rate.   Click the image above or click here to watch the video! All information contained herein is for informational purposes only. This is not a solicitation to offer investment advice or services…

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All information contained herein is for informational purposes only. This is not a solicitation to offer investment advice or services in any state where to do so would be unlawful. Analysis and research are provided for informational purposes only, not for trading or investing purposes. All opinions expressed are as of the date of publication and subject to change. Astor and its affiliates are not liable for the accuracy, usefulness or availability of any such information or liable for any trading or investing based on such information. Please refer to Astor’s Form ADV Part 2 for additional information regarding fees, risks and services.