Live webinar reminder (and the weekly news)

Cambrianne Staskal |


Hello Eagle Wealth Community,

There’s a lot going on in the world right now.

There’s usually a lot going on in life... at work... in the family.

Sometimes, we need to take a step back and ask the big questions:

What’s my purpose?

What am I here to do?

The ancient Greeks had a word, arete that (freely translated) means to reach your greatest purpose, to achieve your full potential as a person.

We find it to be a very powerful concept because it’s all about defining our own dreams and fulfilling them. 

There's so much advertising, reality tv, and headlines shouting at us, telling us what success should look like, and showing off how others live their lives.

But arete is about reaching deep inside, finding that beautiful dream, and living it to the fullest.

That’s what real financial planning is all about.  Money is only a vessel to build a life you love.   It doesn’t have to mean fancy things or an expensive lifestyle unless you want it to.

What does becoming the best version of yourself mean?

To us, it means becoming the best parents, spouses, friends, and coworkers we can be and living up to it every day.

It means achieving our dream of leaving this community better than we found it.

It means helping as many folks achieve their deepest dreams as we can.

We’d like to ask you the same question, <first name>,

How can you achieve arete in your own life?

How can we help put purpose to your portfolio?



Your Eagle Wealth Team


P.S. How are you feeling about travel these days?  Are you planning anything exciting?  How about a road trip?  The Federal Highway Administration just added 34 new scenic byways that sound like a lot of fun.Check them out here.


You’re Invited — Live Webinar
 Wednesday, May 26th, 2021

3:00 pm PST

We invite you to join Chad Staskal, Managing Partner of Eagle Wealth Management, and City National Rochdale Portfolio Manager, Robert Meckstroth, for a private webinar on the latest developments and what's ahead for the economy and markets.  In this conversation, we'll examine what's happened in the past quarter and answer everyone's big question — where do we go from here?  

What we'll cover:

  • Should we be worried about inflation?
  • Are higher taxes a threat to the equity market?
  • How does the U.S. recovery outlook compare to the rest of the world?
Register Now

Webinar Q & A
Please send questions for our speakers to prior to May 26th and we’ll do our best to answer them during the webinar.
The Details
The webinar is accessed via the website so there is no call-in number.  Audio and video will not be activated on your computer. Prior to the webinar, please test your system to ensure your computer is compatible.
Not available for the webinar?  Go to later that week to view the recorded version. 

About City National Rochdale
With over 30 years' experience, City National Rochdale (CNR) specializes in intelligently personalized portfolio management for high-net-worth individuals, families, and foundations.  Their deeply knowledgeable investment professionals manage over $45 billion in assets, customizing each portfolio to the exact needs of every client.




Register Now

The Week on Wall Street

Stock prices fluctuated amid inflation concerns and bargain hunting, leaving stocks mixed for the week.

The Dow Jones Industrial Average slipped 0.51%, while the Standard & Poor’s 500 dropped 0.43%. The tech-heavy Nasdaq Composite index advanced 0.31%. The MSCI EAFE index, which tracks developed overseas stock markets, gained 0.67%.1,2,3

Lots of Motion, Little Movement

Stocks began last week extending their losses from the previous week, as the slide in technology and other high-growth stocks resumed. Inflation worries also weighed on the market.

After steep declines in early Wednesday trading, market sentiment took a more positive turn, allowing stocks to pare their losses as the session came to a close, despite news that the Fed could be contemplating tapering its monthly bond purchases.4

This positive momentum continued into Thursday, aided by a declining initial jobless claims number and a strong rebound in technology. The rebound lost steam into Friday’s close, leaving stocks little changed for the week.5

The Fed Hints at a Turn

The Federal Open Market Committee (FOMC) on Wednesday released the minutes of its April meeting. The report suggested that a number of committee participants had raised the idea that—if the economy continues to make progress—it might be appropriate to adjust the pace of the Fed’s monthly bond purchase program.4

With inflation appearing to accelerate, the markets have been watchful for signs that the Fed would begin tightening its easy-money policies. This is the first time since the pandemic that the Fed has suggested that a scaling back of bond purchases could happen, though no timetable was discussed.

It’s important to note that the April Fed meeting took place prior to the release of April’s Consumer Price Index, which showed a higher-than-expected increase of 4.2%.6



Tuesday: New Home Sales. Consumer Confidence.
Thursday: Jobless Claims. Durable Goods Orders. Gross Domestic Product (GDP).


Source: Econoday, May 21, 2021
The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.




Tuesday: Autozone, Inc. (AZO), Intuit, Inc. (INTU).
Wednesday: Nvidia Corporation (NVDA), Okta, Inc. (OKTA), Workday, Inc. (WDAY), Dollar General (DG), Snowflake, Inc. (SNOW).
Thursday: (CRM), Costco Wholesale Corp. (COST), Best Buy (BBY), Dell Technologies (DELL).
Source: Zacks, May 21, 2021

Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule when they report earnings without notice.