Written by Robert Lutts, President & Chief Investment Officer During April 2017, former Chair of General Motors (GM) Bob Lutz repeatedly stated on CNBC that he believes Tesla is on the verge of failing and in his words is “doomed to fail.” I could not disagree more. Here are five reasons why I think this […]
Posted April 1, 2017 in: President's Message
Global economy and markets continue forward on a positive path in April. Many are uncomfortable and uncertain with policy changes now coming out of Washington D.C. Clearly we have a new agenda with a new conservative mandate. As stewards of your wealth, we try to understand the current health of economic and market conditions. Over […]
Rob Lutts, president and chief investment officer, answers questions during the North Shore Business Expo held at the DoubleTree by Hilton on March 16, 2017.
Posted January 13, 2017 in: President's Message
One of the great strengths of the economy of the United States is the fact that it adapts and changes so well to many different forces. The 2016 elections are proof that the American people are not afraid to go in a very different direction regularly. One of my Babson College professors, Dr. John Hornaday, […]
We are often asked how Cabot manages risk for clients. The truth is that our whole wealth management process is designed to provide enough “shock absorbers” so clients can handle normal volatility of markets. We anticipate stock markets to have at least two or three 5% corrections every year. Further, we expect one correction close […]