CIBC Private Wealth Management in the News

11.29.2018
Bloomberg Surveillance Podcast
"Surveillance: Jean-Claude Trichet On Normalization (Podcast)"
CIBC Private Wealth Management's Don Gimbel appeared on Bloomberg Radio to discuss the likelihood of the U.S. and China reaching a trade agreement at the G-20 Summit. Listen (51:15)

11.26.2018
Forbes
"4 Reasons You Should Consider Life Insurance As A Planning Tool"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "4 Reasons You Should Consider Life Insurance As A Planning Tool." The article appeared on Forbes.com. Read more

11.19.2018
Forbes
"5 Things To Consider When Investing In A 401(k) Plan"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "5 Things To Consider When Investing In A 401(k) Plan." The article appeared on Forbes.com. Read more

11.16.2018
Atlanta Business Chronicle
"Atlanta Finance Experts Share Concerns, Trends for 2019"
David Donabedian, chief investment officer at CIBC Private Wealth Management, said trade issues will continue to be an issue in 2019. “I don’t think there will a rapid outcome between the U.S. and China on trade. The president feels strongly about it,” he said. “Our demands on China are well supported by the facts, but we are demanding a lot. I think it is fairly unlikely China will want to be perceived as knuckling under to those demands.”

11.16.2018
Rigzone
"Finding Oil Floor Is Going to Take More Time"
“It’s hard to say when you’ve had huge volatility spikes where the floor is. This was an avalanche of selling pressure that just hit the commodity and if you get in front of an avalanche, you might get buried,” Rebecca Babin, senior energy trader for CIBC Private Wealth Management, told Bloomberg in the interview. Read more

11.15.2018
Bloomberg TV
"Oil Has Not Found a Floor Yet, CIBC's Babin Says"
Rebecca Babin, CIBC Private Wealth Management senior energy trader, discusses the outlook for the oil market with Bloomberg's Scarlet Fu and Taylor Riggs on "Bloomberg Markets: The Close." Watch video (4:49)

11.09.2018
Barron's
"Down Gains 718 Points, But Divisions Run Deep"
“The market is not a Democrat or Republican,” says David Donabedian, chief investment officer at CIBC Private Wealth Group. “You have to leave political biases aside.”

11.08.2018
Forbes
"How Much You Should Be Saving For Retirement"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "How Much You Should Be Saving For Retirement." The article appeared on Forbes.com. Read more

11.07.2018
The Bond Buyer
"How GOP Gains May Affect Trump's Fed Nominees"
“Bowman cleared the Senate Banking Committee by a wide enough margin to assume that her confirmation is just a matter of timing and probably not altered by the midterm results,” according to Gary Pzegeo is head of fixed income at CIBC Private Wealth Management.

11.07.2018
Financial Times
"Midterms Set Up Testing Run For Markets as Animal Spirits Fade"
“The two sides have such fundamentally different ways to go about an infrastructure package that it may not happen,” said David Donabedian, chief investment officer at CIBC Private Wealth Management.

11.03.2018
Financial Times
"Investors Face High Stakes in U.S. Midterm Elections"
“The typical pattern is a sell-off in advance of midterms, then regardless of the election outcome, a rally afterwards,” said David Donabedian, chief investment officer at CIBC Private Wealth Management. “It seems the most important fact that comes out is that the elections are over.”

11.02.2018
CNBC Power Lunch
"I Can't Make the Case for a Recession or Bull Market, Says Hugh Johnson"
Dave Donabedian of CIBC Private Wealth Management joins 'Power Lunch' to discuss markets amid trade and Fed rate hike concerns. Watch video (4:20)

11.01.2018
Forbes
"3 Reasons To Start Saving For Retirement Now"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "3 Reasons To Start Saving For Retirement Now." The article appeared on Forbes.com. Read more

10.24.2018
Reuters
"Wall Street Drops as Chipmakers Fan Corporate Growth Fears"
“There is a lot of market angst at present. One thing that has been critical in sustaining a bull market has been earnings ... and they’re not as robust as the first half of the year,” said Bryan Reilly, a managing director at CIBC Private Wealth Management.

10.24.2018
Financial Times
"Investors Aren't Ready to Quit Stumbling Faang Stocks"
“You can worry about the Fed and bond yields and a trade war, but the last two years at least of this bull market has been driven by corporate earnings and, by and large, tech has had the earnings,” said David Donabedian, chief investment officer at CIBC Private Wealth Management. “That needs to hold up. If you were to tell me that more tech earnings disappoint than surprise to the upside, that is going to be ugly.”

10.18.2018
Financial Times
"Tech Investors Still Nervous Despite Netflix Rally"
“Netflix is important short term, but as soon as the next tech bellwether company reports, it will be forgotten,” said David Donabedian, chief investment officer at CIBC Private Wealth Management. “It is a sort of ‘what have you done for me lately’ mindset.”

10.16.2018
The Wall Street Journal
"U.S. Stocks Jump, Erasing Some Recent Losses"
“We don’t see yields going in the next year to a level that crushes the economy and therefore crushes the stock market,” said Dave Donabedian, chief investment officer at CIBC Private Wealth Management.

10.10.2018
Financial Times
"US Small-Cap Stocks Stutter on Debt Concerns"
Bryan Reilly, a managing director at CIBC Private Wealth Management, added: “Despite higher interest rates typically being good for small-caps, leverage is very elevated and some investors may worry that [high-yield bond] spreads widen, which could raise the cost of funding for smaller companies.”

10.08.2018
Bloomberg
"Jack Markwalter on Mastering Innovation"
Chief Executive Officer of CIBC Private Wealth Management Jack Markwalter appeared on Mastering Innovation, powered by Wharton Business Radio. Listen (27:39)

10.03.2018
Bloomberg
"CIBC's Babin Sees Increasing Probability of $100 Oil"
Rebecca Babin, CIBC Private Wealth Management senior energy trader, discusses oil with Bloomberg's Scarlet Fu and Caroline Hyde on "Bloomberg Markets: The Close." Watch video (4:52)

09.27.2018
Forbes
"The Advantages Of Donor Advised Funds As A Charitable Giving Strategy"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "The Advantages Of Donor Advised Funds As A Charitable Giving Strategy." The article appeared on Forbes.com. Read more

09.25.2018
Family Wealth Report
"Who's Moving Where In Wealth Management? - First Republic Bank, CIBC, Others"
CIBC has expanded its private wealth management business with six new hires. The hires include: Michael Cklamovski, managing director, senior private banker in Chicago; Liza Connelly, senior vice president, fiduciary advisor in Boston; Colleen Harvey, vice president, relationship manager in Denver; Tammy Moon, managing director, regional group portfolio manager in Minneapolis; Michael Pudlak, managing director, senior private banker in New York; and Elizabeth Zielinski, managing director, senior private banker in Atlanta.

09.20.2018
Forbes
"Investing With a Purpose"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Investing With a Purpose." The article appeared on Forbes.com. Read more

09.18.2018
CNBC Power Lunch
"There's Absolutely No Euphoria in This Market, Says Pro"
David Donabedian, CIBC Wealth Management CIO discusses his market outlook in the current economic climate. Watch video (3:24)

09.14.2018
Reuters
"US STOCKS-Wall St Falls as Trump Greenlights China Tariffs"
“If Trump is willing to go ahead with the tariffs then that is significant enough to sour markets,” said Bryan Reilly managing director at CIBC Private Wealth Management in Boston, Massachusetts. Read more

09.13.2018
Forbes
"6 Reasons Why You Need An Estate Plan"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "6 Reasons Why You Need An Estate Plan." The article appeared on Forbes.com. Read more

09.13.2018
Forbes
"Three Ways to Guarantee Your Grandkids An Education"
Linda Beerman, head of wealth strategies at CIBC Wealth Management in Atlanta, tells her rich clients they basically have three choices: use it for their lifestyle, give it to their kids and grandkids, or do something charitable. Invariably, she says that the reply is this: “'I really want to make sure my grandchildren are educated.’” Read more

09.12.2018
Bloomberg
"Good News on Economic Growth Is Not Over, Says CIBC's Donabedian"
Dave Donabedian, chief investment officer at CIBC Private Wealth Management, explains why he sees further gains ahead for the U.S. economy. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas." Watch video (1:09)

09.10.2018
Bloomberg
"Muni-Bond Buyers Revolt Over Low Yields on Shortest-Dated Debt"
Prices on one-year one-year state and local government bonds are headed for their biggest weekly decline since December, with yields rising 0.09 percentage points over the last week, according to Bloomberg’s benchmark indexes. That’s because investors are starting to look for investments with "more attractive yields," said Christopher Lanouette, a managing director at CIBC Private Wealth Management, which manages about $6.5 billion in municipals through separately-managed accounts.

09.07.2018
Forbes
"Effective Philanthropy: How To Be More Strategic About Giving"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "6 Reasons Why You Need An Estate Plan." The article appeared on Forbes.com. Read more

09.06.2018
The Wall Street Journal
"Global Stocks Fall Amid Trade Uncertainty"
A new deal with Canada and Mexico “would be treated very favorably by markets, not because it provides new juice to the economy, but because it averts a worst-case scenario,” said David Donabedian, chief investment officer of CIBC Private Wealth Management, pointing to a high degree of integration between U.S., Canadian and Mexican supply chains.

09.05.2018
Reuters
"NASDAQ Slumps as Facebook, Twitter Weigh On Tech Stocks"
"Typically when companies testify in Congress the headlines are not going to be good, so it provides an opportunity for investors in the short term to sell and catch some profits," said Brant Houston, managing director of CIBC Private Wealth Management in Denver, Colorado. Read more

09.05.2018
Family Wealth Report
"Who's Moving Where In Wealth Management? - CIBC PWM, BNY Mellon"
CIBC Private Wealth Management has appointed Kimberly Dwan Bernatz as managing director and head of the Newport Beach office. Andrew Lang will continue serving his existing clients as a senior relationship manager and will partner with Bernatz to continue expanding the firm’s presence in Southern California and Arizona.

08.31.2018
Financial Times
"US Bull Run’s Stamina Faces Tests After Record Charge"
“What the market may not be prepared for is the trade dispute with China,” said David Donabedian, chief investment officer at CIBC Private Wealth Management. “I don’t think it will take a positive turn anytime soon. It is possible we will see another round of tariffs implemented in September.”

08.31.2018
Bloomberg Radio
"Frozen Funds, Tax Battles and Inverted Curves"
Dave Donabedian, Chief Investment Officer of CIBC Private Wealth Management, discusses investing in today’s stock market. Listen (31:37)

08.30.2018
Forbes
"Key Considerations For Selling A Family Business"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Key Considerations For Selling A Family Business." The article appeared on Forbes.com. Read more

08.29.2018
Nasdaq
"US STOCKS-Amazon, Alphabet lead Wall Street rally"
"We're definitely seeing some of the previous market leaders heading the markets today," said Brant Houston, managing director of CIBC Private Wealth Management in Denver, Colorado. Read more

08.27.2018
Bloomberg
"$53 Billion Firm Sees Emerging Markets Appealing for Next Decade"
“The long-term case for EM is superior growth of both economies and profits due to rising global competitiveness and accelerating development of the middle class,” said Chief Investment Officer David Donabedian, who helps oversee $53 billion of assets. “The significant pullback in EM has provided an attractive entry point.”

08.23.2018
Forbes
"When To Consider An Employee Stock Ownership Plan"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "When To Consider An Employee Stock Ownership Plan." The article appeared on Forbes.com. Read more

08.17.2018
Forbes
"Transitioning Your Family Business To The Next Generation"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Transitioning Your Family Business To The Next Generation." The article appeared on Forbes.com. Read more

08.17.2018
Reuters
"US STOCKS-Nasdaq hit as chip stocks fall; defensive sectors prop up Dow, S&P"
“Today seems more defensive given the run up with had this week,” said William Norris, chief investment officer and head of asset management, CIBC Bank USA. “Nothing unusual today, as long as the fundamentals remain strong in the U.S. then tech sector should be fine. This is not the beginning of a downturn in the tech sector.”Read more

08.13.2018
Reuters
"Legacy Planning: Developing The Rising Generation"
"While the Turkish lira does not pose a direct threat to theUnited States, it can temporarily impact sentiment and tip theinvestor to being risk-off," said Dave Donabedian, chief investment officer of CIBC Private Wealth Management in Atlanta. Read more

08.10.2018
Bloomberg TV
"CIBC's Babin Says Oil Market 'Headlines Exhausted'"
Rebecca Babin, senior trader at CIBC Atlantic Trust, discusses energy markets investment strategy with Bloomberg's Julie Hyman and Scarlet Fu on "Bloomberg Markets." Watch (5:50)

08.09.2018
FundFire
"CIBC Private Wealth U.S. Biz Sets Sights on Doubling Assets"
“I believe we’re one of the best growth stories in the space,” says John “Jack” Markwalter Jr., chairman and CEO of the bank’s U.S. business.

08.09.2018
Forbes
"Legacy Planning: Developing The Rising Generation"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Legacy Planning: Developing The Rising Generation." The article appeared on Forbes.com. Read more

08.07.2018
Barron's
"Inside CIBC Private Wealth's Growth Plan"
This article highlights the expanded capabilities CIBC Private Wealth Management now has through its multiple entities, including a registered investment adviser, a national trust company, and the private wealth division of CIBC Bank USA, which offers banking products and services. Please note that assets under management in the article in fact refers to assets under management and administration. Read more

07.31.2018
Bloomberg
"Bond Traders See Fed as Only Game in Town for Policy Tightening"
Instead, investors are left watching incremental shifts in “the pace of the Fed tightness versus the pace of the less easiness of the ECB or BOJ,” said Gary Pzegeo, head of fixed income at CIBC Private Wealth Management, which oversees about $52 billion. “On an absolute basis, the Fed is the tightest game in town for now.”

07.27.2018
Financial Times
"Faangs Take Diverging Paths as Investors Rethink Prospects"
“On the whole, [Faangs] may be classified in the same economic sector, but they are very different businesses subject to different risks and executing at different levels,” said David Donabedian, chief investment officer at CIBC Private Wealth Management. “Why would you expect them all to behave the same way at the same time?”

07.27.2018
Forbes
"Establishing A Healthy Family Wealth Culture"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Establishing A Healthy Family Wealth Culture." The article appeared on Forbes.com. Read more

07.27.2018
The Wall Street Journal
"European Stocks Extend Rise on U.S. Trade Detente"
“I’m not sure it’s helpful to think of them as a group at all,” David Donabedian, chief investment officer at CIBC Private Wealth Management, said, referring to the so-called FAANG stocks, a collective comprised of Facebook, Amazon, Apple, Netflix and Google-parent Alphabet. “There are a lot of ways to make money in the technology companies without piling into the four or five stocks that everybody is talking about.”

07.24.2018
CNBC Power Lunch
"Market to be Only Somewhat Higher at Year's End, Says CIO"
David Donabedian, CIBC Private Wealth Management chief investment officer, discusses his market outlook for the rest of the year. Watch video (2:55)

07.18.2018
Forbes
"How To Get Started With The Legacy Planning Process"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "How To Get Started With The Legacy Planning Process." The article appeared on Forbes.com. Read more

07.16.2018
Bond Buyer
"Policy is Accommodative, Gradual Rate Hikes Ahead"
Gary Pzegeo, head of fixed income at CIBC Private Wealth Management, noted the questions "will probably focus on the impact of tariffs and a higher deficit. The markets will be listening for any shift in the pace and timing of not only rates, but also balance sheet reduction, which has gotten some attention lately."

07.13.2018
Forbes
"3 Principles For A Successful Family Legacy"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "3 Principles For A Successful Family Legacy." The article appeared on Forbes.com. Read more

07.13.2018
Forbes
"Why Estate Planning Is A Women's Issue"
“These concepts are really daunting and quite scary,” says Becky Milliman, a managing director with CIBC Private Wealth Management in Chicago, noting that it takes courage for the less financially sophisticated family member to speak up, and that tends to be the woman. Amanda Marsted, senior relationship manager, was also featured. Read more

07.05.2018
Forbes
"Financial Elder Abuse: The Dark Side Of Aging And Finances"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Financial Elder Abuse: The Dark Side Of Aging And Finances." The article appeared on Forbes.com. Read more

07.03.2018
Reuters
"Dips in Facebook and Apple Leave Wall Street Lower"
“In the short term, company fundamentals are quite solid and the economy is strong,” said Brant Houston, managing director at CIBC Private Wealth Management. “But with the trade war looming there is a lot of uncertainty and a lot of unknowns. Until we get more clarity there it is difficult for investors to jump back into the equity market.”Read more

07.03.2018
Reuters
"At midday: TSX Slips With Oil Prices"
“In the short term, company fundamentals are quite solid and the economy is strong,” said Brant Houston, managing director at CIBC Private Wealth Management.

06.28.2018
Bloomberg TV
"CIBC's Babin Says Supply-Side Price Moves Are Less Certain Driver of Energy Stocks"
Rebecca Babin, CIBC Private Wealth Management senior energy trader, discusses crude oil prices and energy stocks with Bloomberg's Julia Chatterley and Julie Hyman on "Bloomberg Markets." Watch video (5:42)

06.28.2018
Forbes
"Recognizing The Warning Signs Of Diminished Financial Capacity"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Recognizing The Warning Signs Of Diminished Financial Capacity." The article appeared on Forbes.com. Read more

06.27.2018
Barron's
"Markets Now: The Dow’s 98 Point Gain That Almost Wasn’t"
David Donabedian, chief financial officer of CIBC Private Wealth Management: “President Trump does have an incentive to settle the trade issue before the midterm elections and declare a victory before there is any meaningful impact on the economy." Read more

06.25.2018
Family Wealth Report
"CIBC Widens Wealth Brand Across US"
The business now known as CIBC Private Wealth Management will use that name across North America, starting from today.

06.25.2018
Private Asset Management
"CIBC Retires Atlantic Trust Brand, Considers Expansion Plans and Operating Platform Upgrade"
“Our mantra for the past several years has been one team, one vision, one bank,” Jack Markwalter, CEO at CIBC PWM, told PAM. “Now we’re adding to that ’one brand’.”

06.25.2018
Private Wealth
"CIBC Rebrands Atlantic Trust"
Our CIBC Atlantic Trust team joins our CIBC colleagues under a name that is known for client-first focus and a commitment to delivering the highest-quality client experience,” said Jack Markwalter, CEO, CIBC Private Wealth Management for the U.S. Read more

06.21.2018
The Wall Street Journal
"U.S. Stocks Retreat as Trade Tensions Linger"
“If we continue to see other companies start to warn that the trade war—trade tariffs—start to have an impact on earnings, that would be bad for all stocks and really bring market sentiment down,” said Brant Houston, managing director and portfolio manager at CIBC Private Wealth Management.

06.20.2018
Forbes
"Understanding The Financial Risks Of Diminished Capacity"
Cathy Schnaubelt, senior wealth strategist for CIBC Private Wealth Management, bylined "Understanding The Financial Risks Of Diminished Capacity." The article appeared on Forbes.com. Read more

06.19.2018
Providence College Magazine
"From Adversity to Advocacy: Kane Family Determined to Make a Difference"
Mark Kane, senior vice president for CIBC Private Wealth, was interviewed by Providence College magazine about his family's efforts to raise awareness for peripartum cardiomyopathy. Read more

06.13.2018
Bloomberg TV
"CIBC's Donabedian Says Financials Are Out of the 'Crosshairs'"
Dave Donabedian, chief investment officer at CIBC Atlantic Trust, explains his outlook for health and financial stocks. He speaks with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas." Watch video (0:59)

06.13.2018
The Wall Street Journal
"What Regulatory Worries? Global Tech Stocks Reach New Heights"
“What do equity investors feel they can really count on now? It’s not trade policy, not the [Federal Reserve], it’s earnings,” said Dave Donabedian, chief investment officer at CIBC Atlantic Trust Private Wealth Management, who owns several companies in the tech sector.

06.08.2018
Financial Times
"Are You Following the Wrong Small-Cap Index?"
“In a period where growth investments are favoured, S&P [600] will typically perform better, which is why you’ve seen outperformance by the S&P index over the trailing one-, three-, five- and 10-year [periods], as it’s been heavily growth-dominated,” said Bryan Reilly, senior vice-president at CIBC Atlantic Trust.”

06.08.2018
Bond Buyer
"Why a Fed Rate Hike Could Actually Boost the Bond Market"
“I am with the majority who expect the Fed to hike their target fed funds rate again at the meeting next week,” said William Norris, chief investment officer at CIBC Bank USA in Chicago. “Given the high probability for the hike, the impact has already been factored into the markets. Municipal bond yields generally have moved higher this year in response to the Fed moves and I would expect that to continue. But the magnitude of the yield moves has been offset by stronger demand from investors for municipal debt.”

06.06.2018
Forbes
"Planning For The High Cost Of Healthcare In Retirement"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "Planning For The High Cost Of Healthcare In Retirement." The article appeared on Forbes.com. Read more

06.06.2018
The Wall Street Journal
"Commodity Bounce Keeps Global Stocks Climbing"
“If you just look at the trend in U.S. economic growth and the trend in corporate earnings, you might expect this to be another highflying year for the U.S. market and it hasn’t been,” said Dave Donabedian, chief investment officer at CIBC Atlantic Trust Private Wealth Management, noting trade worries have served as a drag on the market.

06.05.2018
Family Wealth Report
"Who's Moving Where in Wealth Management?"
Kate Rooney and Vanessa Ringdahl have joined CIBC: Rooney is a member of CIBC’s commercial banking team as a managing director and relationship manager. Ringdahl joins its private wealth Management team as managing director and senior private banker. Rooney has more than 12 years of financial industry experience. Prior to this, she spent 10 years in a variety of commercial banking roles at Wells Fargo Bank, most recently serving as relationship manager and vice president managing a portfolio of middle market clients.

06.01.2018
CNBC
"Dow and S&P on Pace to End Week Lower"
Dave Donabedian, chief financial officer at CIBC Atlantic Trust Private Wealth Management discusses how Trump’s new tariffs are affecting U.S. markets. Watch video (5:06)

05.30.2018
Forbes
"Social Security: Past, Present And Future"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "Social Security: Past, Present And Future." The article appeared on Forbes.com. Read more

05.30.2018
Financial Times
"Strong Dollar Poses Challenge for Wall Street Blue-Chips"
David Donabedian, chief investment officer of CIBC Atlantic Trust, said: “I do not look at this 4-5 per cent rise in the dollar as a big game changer in earnings.” Still, he added that the rebound in the currency “is supportive of the idea that after the third quarter you get a deceleration of earnings”.

05.25.2018
Ticker
"Quality, Cash Flow and Relative Value for Income"
Gary Pzegeo, CFA, Head of Fixed Income for CIBC Atlantic Trust, and Brant Houston, CFA, managing director and co-manager of CIBC Atlantic Trust's Disciplined Equity and Income Opportunities Strategies, discuss the firm's Income Opportunities Strategy. Read more

05.23.2018
Forbes
"Strategies For Maximizing Your Social Security Benefits"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "Strategies For Maximizing Your Social Security Benefits." The article appeared on Forbes.com. Read more

05.17.2018
Bloomberg TV
"Venezuela Asset Seizure a Major Factor in Oil Rise"
Rebecca Babin, senior trader at CIBC Atlantic Trust, discusses the impact of geopolitical risk, sanctions on Iran, and turmoil in Venezuela on oil. Watch video (6:24)

05.16.2018
Forbes
"Considerations For Claiming Social Security Benefits"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "Considerations For Claiming Social Security Benefits." The article appeared on Forbes.com. Read more

05.15.2018
The Wall Street Journal
"Capital Spending Boom Is No Great Boost to Capital Markets"
“When it works, it’s a home run. But for investors who are sometimes much more short-term oriented, it’s easy to understand why a dividend increase that I’ll get next month is a little more exciting than capex, which might not yield me anything for a long time,” said Dave Donabedian, chief investment officer at CIBC Atlantic Trust Private Wealth Management.

05.15.2018
Private Wealth
"CIBC Atlantic Trust Launches Podcast To Educate Next Gen"
“Initially we wanted to do them to pass knowledge from generation to generation. Our clients were asking us what kind of information we have for their adult children. But they are good for anyone who wants to learn,” said Ryan Coulson, managing director at CIBC Atlantic Trust. Read more

05.14.2018
Bank Investment Consultant
"Bank Wealth Management Career Moves: 2 Top Execs Leave BNY Mellon for Regional Banks"
Jacqueline Griffith Crowley joined CIBC as private wealth market leader in Minneapolis. She provides private banking services to private equity professionals as well as owners and executives of middle-market companies in Minnesota. Read more

05.09.2018
Forbes
"What You Need To Know About Social Security"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "What You Need To Know About Social Security." The article appeared on Forbes.com. Read more

05.03.2018
Forbes
"Reducing Your Future Tax Burden With A Roth IRA Conversion"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "Reducing Your Future Tax Burden With A Roth IRA Conversion" The article appeared on Forbes.com. Read more

04.30.2018
CNBC
"The Fed is About to Get More Aggressive, and 'Collateral Damage' May Ensue"
"It really depends on whether it's perceived that the Fed is ahead of the curve a little bit," said David Donabedian, chief investment officer at CIBC Atlantic Trust. "In other words, are they responding to a tiny acceleration in the inflation numbers or really reacting to rising confidence in the strength of the expansion." Read more

04.29.2018
Financial Times
"US Stocks Unmoved by Soaring Corporate Earnings"
“Investors are looking at the gains in earnings and saying, ‘Great, we knew that, but what will you do going forward?’” said William Norris, chief investment officer of CIBC Bank USA.

04.25.2018
Reuters
"Financial, Tech Stocks Lead Wall Street Lower as Yields Rise"
“With earnings reports that are coming out, the focus is on the forward guidance for where the interest rate environment is going,” said William Norris, chief investment officer at CIBC Bank USA. Read more

04.25.2018
Forbes
"Choosing The Best IRA To Maximize Your Retirement Savings"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "Choosing The Best IRA To Maximize Your Retirement Savings" The article appeared on Forbes.com. Watch video (3:37)

04.23.2018
Bloomberg TV
"Investors Had 'Bad Breakup' With Energy Stocks, Babin Says"
Rebecca Babin, senior equity trader for CIBC Atlantic Trust, discusses the outlook for energy equities and her investment strategy on "Bloomberg Markets." Watch video (4:44)

04.19.2018
Bond Buyer
"New Look Fed May Mean Dynamic Inflation Targeting"
Gary Pzegeo, head of fixed income at CIBC Atlantic Trust Private Wealth Management, discusses the changes at the Fed, including two new nominees, and what this means for monetary policy and the possibility of dynamic inflation targeting. Listen (25:27)

04.18.2018
Bloomberg TV
"Morgan Stanley Finds 1Q Success in Diversified Model"
Dave Donabedian, CIBC Atlantic Trust CIO, discusses Morgan Stanley's record-high first quarter profit numbers as equities and FICC trading revenue topped estimates. Watch video (1:19)

04.18.2018
Forbes
"Making Your Savings Last Through Retirement"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "Making Your Savings Last Through Retirement" The article appeared on Forbes.com. Read more

04.16.2018
CNBC Power Lunch
"Dow above 50-day average for first time since March 13"
Dave Donabedian, CIBC Atlantic Trust CIO, discusses investment strategies for the volatile market and comments from New York Fed President William Dudley. Watch video (3:37)

04.16.2018
Bloomberg
"CIBC's Gimbel Says Market Will Be Higher by End of Year"
Don Gimbel, senior vice president at CIBC Atlantic Trust Private Wealth Management, discusses his outlook for equity markets and where he sees risk. He speaks on "Bloomberg Markets: Asia." Watch video (2:50)

04.11.2018
Forbes
"How Much Should You Save For A Comfortable Retirement?"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "How Much Should You Save For A Comfortable Retirement?" The article appeared on Forbes.com. Read more

04.05.2018
Forbes
"The Path To Retirement At Any Age"
Cathy Schnaubelt, senior wealth strategist for CIBC Atlantic Trust, bylined "The Path To Retirement At Any Age." The article appeared on Forbes.com. Read more

03.21.2018
Financial Times
"Amazon Elbows Alphabet Aside as Second Most Valuable Company"
“It is not just tech,” [Fred Weiss, managing director at CIBC Atlantic Trust] said. “It is clearly companies that have proprietary personal data that they are able to market to advertisers. Those are the ones that are vulnerable, not so much Amazon. It does very little on advertising and is not being impacted the same as Google and Facebook.”

03.16.2018
The Wall Street Journal
"Federal Regulators End Key Tax Benefit for Certain Pipeline Companies"
“It’s hard for me to remember an environment when sentiment was this lousy despite the fundamental outlook improving,” said Adam Karpf, managing director at CIBC Atlantic Trust Private Wealth Management.

03.15.2018
Private Asset Management
"People Moves: CIBC AT Adds Estate Planning Power, BNY Mellon Expands in Denver"
Beth Mayfield joins the firm from the law firm Greenberg Traurig, where she was an estate planning attorney. At CIBC AT, she will work as a managing director at the firm’s Atlanta office. Additionally, Theresa Marx has joined CIBC AT as a senior vice president at the firm’s Chicago office. She comes to the firm from BMO Wealth Management, where she was senior counsel.

03.09.2018
Business Insider
"'As good as it gets': The Stock Market's Best-Case Scenario is playing out on Friday"
The employment report was "about as good as it gets from the market's perspective: very strong job growth and very restrained wage growth," David Donabedian, chief investment officer of CIBC Atlantic Trust said. "We continue to expect the strongest year of economic growth since 2005."

03.09.2018
The Wall Street Journal
"Don't Call This Economy 'Late Cycle,' Analysts Say"
David Donabedian, chief investment officer of CIBC Atlantic Trust: "Over the last 2 months, the job market has absorbed 1.3 million new entrants into the labor force, allowing the unemployment rate to stay at 4.1% - a remarkable testament to the underlying strength in this economy. We continue to expect the strongest year of economic growth since 2005.” Read more

03.05.2018
CNBC Power Lunch
"Tariff Turmoil Adds More Uncertainty to Bull Market"
Dave Donabedian, chief investment officer for CIBC Atlantic Trust, discusses how tariff concerns are affecting the stock market. Watch video (3:25)

03.05.2018
The Wall Street Journal
Earnings Don’t Pack Much Punch After Long Stock Rally
"One of the things we always think about is, at the margin, can the story really get any better for earnings?… Or is it played out as a catalyst for the bull market?" said Dave Donabedian, chief investment officer at CIBC Atlantic Trust Private Wealth Management.

03.02.2018
Family Wealth Report
Who's Moving Where In Wealth Management? - CIBC Atlantic Trust, Brinker Capital, Others
CIBC Atlantic Trust Private Wealth Management has appointed Beth Mayfield as managing director and Theresa Marx as a senior vice president to its wealth strategies group in Atlanta and Chicago, respectively.

03.02.2018
The Wall Street Journal
Trade Worries Hit Stocks in Europe and Asia
"Six months ago, people were looking at Italian elections as another referendum on Europe and the euro, but that seems to have died down," said Dave Donabedian, chief investment officer of CIBC Atlantic Trust.

03.01.2018
Bond Buyer
Less Hawkish Powell Testimony Focuses on Balance
"Powell’s performance confirms the assumption that he can be expected to continue the policies of Yellen and Bernanke," according to Gary Pzegeo, head of fixed income at CIBC Atlantic Trust. "His comments on improving growth, stronger labor market, and inflation should not have been a surprise to markets. They are essentially a repeat of the minutes for the Yellen Fed’s January meeting."

03.01.2018
Financial Times
Bullish Powell Fuels Expectations of Faster US Rate Rises
“The Powell Fed will have a little more tolerance for market volatility than the last two Feds, not so much because of a difference in background or philosophy, but more as a function of where we are in the cycle,” said David Donabedian, chief investment officer of CIBC Atlantic Trust.

02.27.2018
The Wall Street Journal
Investor Not Worried About Potential for Fourth Interest-Rate Increase
The question many investors have been asking themselves recently: Would a fourth rate rise in 2018 weigh down the stock market? Doesn't look like it, says Dave Donabedian, chief investment officer at CIBC Atlantic Trust. "The way we’ve positioned that with our clients is not that this is the end of the bull market, but it means we will have periodic bouts of volatility," Mr. Donabedian says.

02.26.2018
Bond Buyer
Why Markets Will Focus on Powell Q&A
“[Jerome] Powell is disciplined and cautious,” David Donabedian, chief investment officer of CIBC Atlantic Trust Private Wealth Management, said. “In the Q&A session with the Committee I expect him to be circumspect and essentially repeat what the FOMC said in its recent minutes, that he would expect three rate increases this year, inflation will reach the 2% target and the economy is steady as she goes.”

01.25.2018
CityWire
Banjos and Bitcoin
John C. Tennaro, senior investment analyst for CIBC Atlantic Trust Private Wealth Management, was quoted in the latest edition of CityWire, in which he shared his "research resolutions" for 2018.

01.23.2018
CNBC Power Lunch
"We're In a Reasonable, Not Cheap Market: Portfolio Manager"
Dave Donabedian, CIBC Atlantic Trust Private Wealth Management chief investment officer, discusses comments made by Bridgewater's Ray Dalio at Davos as well as what they see for markets and the economy this year. Watch video (2:43)

01.22.2018
Financial Times
"Tax Reform Leaves Small-Caps Trailing in the Performance Stakes"
"With dollar weakness and strengthening confidence that international growth is sustainable, investors have continued to favour foreign-sourced revenues versus domestic," says Bryan Reilly, senior investment analyst at CIBC Atlantic Trust.

01.19.2018
Family Wealth Report
"Who's Moving Where in Wealth Management"
Toronto-headquartered banking group CIBC has brought in the following professionals to its CIBC Private Wealth Management team: Rich Arnold, managing director and senior wealth advisor, St. Louis, MO; Jacqueline Griffith Crowley, managing director and private wealth market leader, Minneapolis, MN; Peter Kugeler, managing director and senior private banker, Boston, MA; and James “Jim” Thompson managing director and private banker, Cleveland, OH.

01.10.2018
MarketWatch
S&P 500, Nasdaq Log First Down Day of 2018 as All Major Stock Indexes Drop
“We’ve had quite a run, so almost anything can be a reason for a pause, but I do think backup in bond yields is impacting sentiment a bit,” said David Donabedian, who oversees about $40 billion as chief investment officer of CIBC Atlantic Trust Private Wealth Management. Read more

01.08.2018
Financial Times
"New Year’s Global Stock Market ‘Melt-Up’ Silences Bears"
David Donabedian, chief investment officer of CIBC Atlantic Trust, believes 2018 will unfold in two phases. “January and February are likely to be quite strong with a good economy, good earnings growth and tax reform, but as 2018 wears on there could be some problems,” he said. “After tax reform, there could be a ‘what’s next?’ kind of sentiment, especially in terms of valuation.”