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NORTHWESTERN MUTUAL

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MARKET COMMENTARY

Financial markets are dynamic and awash in numbers and data. But how much of it
is just noise? Northwestern Mutual's market commentary, written by our experts,
simplifies the complexities of stocks, economics and policy to help you better
understand our view about what's moving the market.

 * Weekly Market Commentary
 * Market Insights
 * Quarterly Market Commentary
 * Asset Allocation

Weekly Market Commentary


INFLATION’S STUBBORN STREAK

 * Weekly Market Commentary
   
   
   VIEWING MARKET TURMOIL THROUGH A FUNDAMENTAL PRISM
   
   May 09, 2022
 * Market Insights
   
   
   CONTEXT ABOUT RECENT BOND MARKET VOLATILITY
   
   May 05, 2022
 * Market Insights
   
   
   WHAT DOES THE FEDERAL RESERVE’S LATEST RATE HIKE MEAN FOR INVESTORS?
   
   May 04, 2022
 * Weekly Market Commentary
   
   
   GLIMMERS OF OPTIMISM AMID THE GLOOM
   
   May 02, 2022
 * Weekly Market Commentary
   
   
   TAKING A LONGER VIEW AMID SHORT-TERM MARKET TURMOIL
   
   April 25, 2022
 * Weekly Market Commentary
   
   
   MARKETS AWAIT DIRECTION ON RATES, INFLATION AND THE ECONOMY
   
   April 18, 2022
 * Market Insights
   
   
   WHAT A YIELD CURVE INVERSION MEANS FOR INVESTORS
   
   April 15, 2022
 * Quarterly Market Commentary
   
   
   ANOTHER INFLATIONARY SHOCK TO CONTEMPLATE
   
   April 12, 2022
 * Weekly Market Commentary
   
   
   YIELD-CURVE INVERSIONS, HIGHER RATES AND RECESSION
   
   April 11, 2022
 * Weekly Market Commentary
   
   
   JOBS MARKET AND INFLATION COME IN HOT: BUT THERE’S MORE TO THE STORY
   
   April 04, 2022
 * Weekly Market Commentary
   
   
   THE YIELD CURVE IS TIGHTENING, BUT THERE’S MORE TO THE STORY
   
   March 28, 2022
 * Weekly Market Commentary
   
   
   MARKETS GIVE NOD TO HIGHER RATES 
   
   March 21, 2022
 * Weekly Market Commentary
   
   
   COMMODITIES PRICE SPIKE MAY SOFTEN THE FED’S APPROACH
   
   March 14, 2022
 * Asset Allocation
   
   
   STRONG ECONOMY CAN CARRY MARKET THROUGH UNCERTAIN TIMES
   
   March 09, 2022
 * Weekly Market Commentary
   
   
   WORLD WEIGHS HUMANITARIAN, ECONOMIC TOLL OF THE UKRAINE WAR
   
   March 07, 2022
 * Market Insights
   
   
   THE FED IS RAISING RATES: HERE'S HOW MARKETS HAVE PERFORMED IN THE PAST
   
   March 02, 2022
 * Weekly Market Commentary
   
   
   MARKETS RESILIENT AMID RUSSIA’S INVASION OF UKRAINE
   
   February 28, 2022
 * Market Insights
   
   
   THE RUSSIA-UKRAINE CONFLICT: PERSPECTIVE FROM NM INVESTMENT LEADERS
   
   February 24, 2022
 * Weekly Market Commentary
   
   
   EVIDENCE MOUNTING THAT INFLATION HAS PEAKED
   
   February 21, 2022
 * Weekly Market Commentary
   
   
   MARKETS PRICE IN 6 RATE HIKES IN 2022
   
   February 14, 2022
 * Weekly Market Commentary
   
   
   EARNINGS REPORTS DRIVE BIG SWINGS IN MARKET’S LARGEST COMPANIES
   
   February 07, 2022
 * Weekly Market Commentary
   
   
   PRICE STABILITY IN FOCUS FOR THE FED
   
   January 31, 2022
 * Market Insights
   
   
   THE '60/40 PORTFOLIO' ISN’T DEAD, BUT IT COULD USE A TUNE-UP
   
   January 27, 2022
 * Weekly Market Commentary
   
   
   FED TO CHART THE COURSE AHEAD IN FIRST POLICY MEETING OF 2022
   
   January 24, 2022
 * Weekly Market Commentary
   
   
   INFLATION HOTTEST SINCE 1982, BUT IT’S BOUND TO FADE LIKE THE WALKMAN
   
   January 18, 2022
 * Market Insights
   
   
   REITS OUTSHINE THE FIELD IN 2021 ASSET CLASS PERFORMANCE
   
   January 18, 2022
 * Quarterly Market Commentary
   
   
   THE LONG AND WINDING ROAD THAT LEADS TO ‘NORMAL’
   
   January 12, 2022
 * Weekly Market Commentary
   
   
   MARKETS PAUSE TO CONSIDER POTENTIAL FOR FASTER-MOVING FED
   
   January 10, 2022
 * Weekly Market Commentary
   
   
   THE ECONOMY IS READY TO WALK WITHOUT THE FED’S HELP
   
   December 20, 2021
 * Weekly Market Commentary
   
   
   INFLATION HOT BUT IN LINE WITH EXPECTATIONS
   
   December 13, 2021
 * Asset Allocation
   
   
   AN ECONOMY LURCHING EVER CLOSER TO 'NORMAL'
   
   December 08, 2021
 * Weekly Market Commentary
   
   
   DID THE FED REALLY CHANGE ITS TUNE ON INFLATION?
   
   December 06, 2021
 * Weekly Market Commentary
   
   
   INTEREST RATES, OMICRON DEAL MARKETS A ONE-TWO PUNCH
   
   November 29, 2021
 * Weekly Market Commentary
   
   
   SUPPLY CHAIN PRESSURES SHOW SIGNS OF EASING
   
   November 22, 2021
 * Weekly Market Commentary
   
   
   DESPITE PLENTY OF TAILWINDS, CONSUMER SENTIMENT SOURS
   
   November 15, 2021
 * Weekly Market Commentary
   
   
   MARKET FEARS BEGIN TO FADE
   
   November 08, 2021
 * Weekly Market Commentary
   
   
   MARKETS NOTCH RECORDS WITH INFLATION AT 30-YEAR HIGH
   
   November 01, 2021
 * Weekly Market Commentary
   
   
   INFLATION STICKING AROUND, BUT PATIENCE IS WARRANTED
   
   October 25, 2021
 * Weekly Market Commentary
   
   
   MARKETS POWER HIGHER AS Q3 EARNINGS RAMP UP
   
   October 18, 2021
 * Market Insights
   
   
   HOW TO AVOID AN UNWANTED TAX HIT FROM YEAR-END MUTUAL FUND DISTRIBUTIONS
   
   October 14, 2021
 * Weekly Market Commentary
   
   
   WHY WE’RE LOOKING PAST A SLUGGISH JOBS REPORT
   
   October 11, 2021
 * Quarterly Market Commentary
   
   
   MARKETS TAKE A BREATHER, BUT A TRANSITORY ONE
   
   October 07, 2021
 * Weekly Market Commentary
   
   
   OCTOBER TRADING OPENS ON POSITIVE NOTE
   
   October 04, 2021
 * Weekly Market Commentary
   
   
   MARKETS IN HOLDING PATTERN AS SEVERAL UNCERTAINTIES COME TO A HEAD
   
   September 27, 2021
 * Weekly Market Commentary
   
   
   MARKETS AWAIT FED CHAIRMAN’S COMMENTS ON INFLATION, QUANTITATIVE EASING
   
   September 20, 2021
 * Market Insights
   
   
   WHY THE FEDERAL RESERVE MAY TAPER ITS QUANTITATIVE EASING PROGRAM
   
   September 17, 2021
 * Market Insights
   
   
   HOW SUCCESS BREEDS GREATER RISK IN AN INVESTMENT PORTFOLIO
   
   September 15, 2021
 * Weekly Market Commentary
   
   
   JOB OPENINGS REACHED A RECORD 10.9 MILLION IN JULY
   
   September 13, 2021
 * Asset Allocation
   
   
   WHY 3 BIG MARKET FEARS AREN’T AS WORRISOME AS ADVERTISED
   
   September 08, 2021
 * Weekly Market Commentary
   
   
   DELTA VARIANT MAY ALREADY BE EXERTING MAX IMPACT
   
   September 07, 2021
 * Weekly Market Commentary
   
   
   SEPTEMBER COULD PROVE CRITICAL FOR FED’S TAPER TIMELINE
   
   August 30, 2021
 * Weekly Market Commentary
   
   
   MARKETS RISE AS ECONOMY CONTINUES SEEKING AN EQUILIBRIUM
   
   August 23, 2021
 * Weekly Market Commentary
   
   
   MARKETS WELCOME TAMER INFLATION, BIPARTISAN INFRASTRUCTURE BILL
   
   August 16, 2021
 * Weekly Market Commentary
   
   
   TRIO OF WORRIES COOL AS ECONOMIC DATA REMAIN STRONG
   
   August 09, 2021
 * Weekly Market Commentary
   
   
   CORPORATE EARNINGS COME IN WELL AHEAD OF FORECASTS
   
   August 02, 2021
 * Market Insights
   
   
   DON’T LET FEARS OF A CORRECTION DERAIL YOUR FINANCIAL PLAN
   
   July 30, 2021
 * Weekly Market Commentary
   
   
   DELTA VARIANT COULD CLAIM MARKET NARRATIVE IN DAYS AHEAD
   
   July 26, 2021
 * Weekly Market Commentary
   
   
   INFLATIONARY PRESSURES LIKELY TO WANE IN MONTHS AHEAD
   
   July 19, 2021
 * Market Insights
   
   
   IS DOLLAR-COST AVERAGING BETTER THAN LUMP-SUM INVESTING?
   
   July 13, 2021
 * Weekly Market Commentary
   
   
   DATA-HEAVY WEEK COULD FUEL MARKET VOLATILITY
   
   July 12, 2021
 * Quarterly Market Commentary
   
   
   LABOR MARKET, PRODUCTIVITY GAINS CAN FUEL EXPANSION FOR SOME TIME
   
   July 09, 2021
 * Weekly Market Commentary
   
   
   MARKETS BOLSTERED BY CONSUMER CONFIDENCE, JOB GROWTH
   
   July 06, 2021
 * Weekly Market Commentary
   
   
   EUROZONE GROWTH ACCELERATES TO 15-YEAR HIGH
   
   June 28, 2021
 * Weekly Market Commentary
   
   
   A FED RATE HIKE BY 2023? THE FED’S PIVOT DOESN’T CHANGE OUR OUTLOOK
   
   June 21, 2021
 * Weekly Market Commentary
   
   
   INFLATION SURGES, BUT THERE’S MORE TO THE STORY
   
   June 14, 2021
 * Market Insights
   
   
   CRYPTO: WHAT TO KNOW  ABOUT THE BUZZ
   
   June 10, 2021
 * Weekly Market Commentary
   
   
   A NEW ECONOMIC FRAMEWORK FOR THE ROAD AHEAD
   
   June 07, 2021
 * Asset Allocation
   
   
   RISKS AND OPPORTUNITY IN A POST-PANDEMIC ECONOMY
   
   June 07, 2021
 * Market Insights
   
   
   HOW ACTIVE FUND MANAGERS TURNED THE TABLES
   
   June 02, 2021
 * Weekly Market Commentary
   
   
   DATA MIXED, STILL POINT TOWARD BROADER GLOBAL GROWTH
   
   June 01, 2021
 * Weekly Market Commentary
   
   
   ECONOMIC RECOVERY GAINING MOMENTUM AND BEGINNING TO EXPAND GLOBALLY
   
   May 24, 2021
 * Weekly Market Commentary
   
   
   INFLATIONARY PRESSURES ON THE RISE, BUT COULD STILL PROVE TEMPORARY
   
   May 17, 2021
 * Weekly Market Commentary
   
   
   JOBS REPORT A BLIP ON OVERALL GROWTH TRAJECTORY
   
   May 10, 2021
 * Weekly Market Commentary
   
   
   ECONOMY GROWS STRONGER, COULD GET MORE STIMULUS
   
   May 03, 2021
 * Weekly Market Commentary
   
   
   AS RECOVERY GAINS MOMENTUM, QUESTIONS LINGER ABOUT INFLATION AND TAXES
   
   April 26, 2021
 * Weekly Market Commentary
   
   
   STRONG REPORTS SHOW BROADENING OF ECONOMIC RECOVERY
   
   April 19, 2021
 * Weekly Market Commentary
   
   
   BALANCING CURRENT ROBUST GROWTH WITH FUTURE EXPECTATIONS
   
   April 12, 2021
 * Quarterly Market Commentary
   
   
   DESCENDING FROM THE “EASY POLICY” MOUNTAIN SUMMIT
   
   April 08, 2021
 * Weekly Market Commentary
   
   
   NEW QUARTER KICKS OFF WITH SOLID ECONOMIC MOMENTUM
   
   April 05, 2021
 * Weekly Market Commentary
   
   
   BROAD AND STRONG TRENDS EMERGE AS QUARTER ENDS
   
   March 29, 2021
 * Market Insights
   
   
   A YEAR LATER: WHAT WE LEARNED FROM THE COVID-19 RECESSION
   
   March 23, 2021
 * Weekly Market Commentary
   
   
   ECONOMIC DATA MIXED AS FED PLEDGES CONTINUED SUPPORT
   
   March 22, 2021
 * Market Insights
   
   
   HOW TAX-LOSS HARVESTING CAN ADD VALUE TO YOUR INVESTMENTS
   
   March 17, 2021
 * Weekly Market Commentary
   
   
   SIGNS OF FUTURE INFLATIONARY PRESSURES EMERGING AS THE ECONOMY CONTINUES TO
   REOPEN
   
   March 15, 2021
 * Asset Allocation
   
   
   THE MARKETS AND THE ECONOMY ARE CONNECTED
   
   March 09, 2021
 * Weekly Market Commentary
   
   
   ECONOMY GAINS STRENGTH AS SERVICES SECTOR DRIVES JOB GROWTH
   
   March 08, 2021
 * Weekly Market Commentary
   
   
   RISING BOND YIELDS ARE A SIGN ECONOMIC RECOVERY IS EXPANDING
   
   March 01, 2021
 * Weekly Market Commentary
   
   
   DATA POINT TO CYCLICAL UPTICK IN GROWTH
   
   February 22, 2021
 * Weekly Market Commentary
   
   
   INFLATION EXPECTATIONS INCREASE, HERE’S WHY THAT’S OKAY
   
   February 15, 2021
 * Market Insights
   
   
   HOW HISTORY ANTICIPATED A COVID-19 BOUNCE BACK
   
   February 11, 2021
 * Weekly Market Commentary
   
   
   DATA AND EARNINGS CONFIRM OUTLOOK FOR BROADER ECONOMIC RECOVERY
   
   February 08, 2021
 * Weekly Market Commentary
   
   
   SPECULATIVE ACTIVITY DOES NOT ALTER OUTLOOK FOR ECONOMIC RECOVERY
   
   February 01, 2021
 * Market Insights
   
   
   THE ‘REDDIT SQUEEZE’ DOESN’T CHANGE THE LONG-TERM VIEW
   
   January 29, 2021
 * Weekly Market Commentary
   
   
   MANUFACTURING MOMENTUM BUILDS TO OPEN 2021
   
   January 25, 2021
 * Market Insights
   
   
   2021 COULD MARK A BIG SHIFT IN MARKET LEADERSHIP
   
   January 20, 2021
 * Weekly Market Commentary
   
   
   WITH ALL EYES ON THE INAUGURATION, STAY FOCUSED ON THE LONG TERM
   
   January 19, 2021
 * Weekly Market Commentary
   
   
   MARKETS, DEMOCRACY UNSWAYED BY CAPITOL CHAOS
   
   January 11, 2021
 * Quarterly Market Commentary
   
   
   ONCE IN A LIFETIME ... SAME AS IT EVER WAS
   
   January 11, 2021
 * Weekly Market Commentary
   
   
   GEORGIA RUNOFFS IN THE SPOTLIGHT THIS WEEK
   
   January 04, 2021
 * Weekly Market Commentary
   
   
   JOBLESS CLAIMS RISE, BUT HOPE IS ON THE HORIZON
   
   December 21, 2020
 * Weekly Market Commentary
   
   
   MARKETS BRACE FOR A JAM-PACKED WEEK OF NEWS, ECONOMIC DATA
   
   December 14, 2020
 * Weekly Market Commentary
   
   
   A MARKET ROTATION IS ON … WHY THAT’S A GOOD SIGN FOR THE ECONOMY
   
   December 07, 2020
 * Weekly Market Commentary
   
   
   DOW BRIEFLY ECLIPSES 30,000 AS OPTIMISM REIGNS
   
   November 30, 2020
 * Market Insights
   
   
   HOW NORTHWESTERN MUTUAL SELECTS INVESTMENTS FOR CLIENTS
   
   November 30, 2020
 * Weekly Market Commentary
   
   
   MARKETS BALANCING CHALLENGES OF TODAY WITH 2021 OPTIMISM
   
   November 23, 2020
 * Weekly Market Commentary
   
   
   VACCINE HOPES BUOY MARKETS
   
   November 16, 2020
 * Weekly Market Commentary
   
   
   STOCKS OPEN WEEK STRONG ON PFIZER’S VACCINE NEWS
   
   November 09, 2020
 * Market Insights
   
   
   ELECTION DAY PERSPECTIVES: OUR EXPERTS WEIGH IN
   
   November 04, 2020
 * Weekly Market Commentary
   
   
   THE ELECTION AND MARKETS: 5 KEY POINTS TO REMEMBER
   
   November 02, 2020
 * Weekly Market Commentary
   
   
   MORE POSITIVE ECONOMIC SIGNS EMERGE, DESPITE UNCERTAINTY
   
   October 26, 2020
 * Market Insights
   
   
   ELECTIONS AND MARKETS: A Q&A WITH NORTHWESTERN MUTUAL PORTFOLIO MANAGERS
   
   October 23, 2020
 * Weekly Market Commentary
   
   
   RETAIL SALES IMPRESS AMID CONCERNS ABOUT A SECOND WAVE
   
   October 19, 2020
 * Weekly Market Commentary
   
   
   STOCKS MARCH IN LINE WITH STIMULUS NEGOTIATIONS
   
   October 12, 2020
 * Quarterly Market Commentary
   
   
   CLIMBING OUT OF THE COVID-INDUCED ECONOMIC AND MARKET VALLEY
   
   October 07, 2020
 * Weekly Market Commentary
   
   
   MARKETS RISE AND FALL WITH INS AND OUTS OF STIMULUS TALKS
   
   October 05, 2020
 * Weekly Market Commentary
   
   
   PRESIDENTIAL DEBATE, JOBS REPORT COULD YIELD ANOTHER CHOPPY WEEK
   
   September 28, 2020
 * Market Insights
   
   
   AVOID ‘OVERWEIGHTING’ ELECTION OUTCOMES WHEN INVESTING
   
   September 24, 2020
 * Weekly Market Commentary
   
   
   HEALTH OFFICIALS, FED HELP CLEAR A FOGGY OUTLOOK
   
   September 21, 2020
 * Weekly Market Commentary
   
   
   MARKETS SLUGGISH, BUT THE RECOVERY MARCHES ON
   
   September 14, 2020
 * Weekly Market Commentary
   
   
   STOCKS HIT AN AIR POCKET AS THE LABOR MARKET MENDS
   
   September 08, 2020
 * Weekly Market Commentary
   
   
   CONSUMERS SPENDING TODAY, BUT WORRIED ABOUT TOMORROW
   
   August 31, 2020
 * Weekly Market Commentary
   
   
   S&P 500 COMPLETES V-SHAPED RECOVERY
   
   August 24, 2020
 * Weekly Market Commentary
   
   
   JOB RECOVERY CONTINUES, BUT RELIEF TALKS STALL
   
   August 17, 2020
 * Weekly Market Commentary
   
   
   UNEMPLOYMENT RATE FALLS WHILE POLITICAL TENSIONS RISE
   
   August 10, 2020
 * Weekly Market Commentary
   
   
   BIG TECH SHINES AMID UNCERTAIN CLIMATE
   
   August 03, 2020
 * Weekly Market Commentary
   
   
   AFTER SLUGGISH WEEK, ALL EYES ON STIMULUS, EARNINGS 
   
   July 27, 2020
 * Weekly Market Commentary
   
   
   RECOVERY TAKES SHAPE, BUT UNCERTAINTY REMAINS
   
   July 20, 2020
 * Weekly Market Commentary
   
   
   MORE SIGNS OF ECONOMIC RECOVERY
   
   July 13, 2020
 * Quarterly Market Commentary
   
   
   STOCKS DISCONNECTED FROM REALITY? HERE’S WHY VALUATIONS ARE STILL RATIONAL
   
   July 09, 2020
 * Weekly Market Commentary
   
   
   ECONOMIC DATA CONTINUES TO EXCEED TEMPERED EXPECTATIONS
   
   July 06, 2020
 * Weekly Market Commentary
   
   
   WHY THE WEEKS AHEAD ARE CRITICAL FOR MARKETS
   
   June 29, 2020
 * Weekly Market Commentary
   
   
   ECONOMY IMPROVES, THOUGH CORONAVIRUS CASES REACCELERATE
   
   June 22, 2020
 * Weekly Market Commentary
   
   
   STOCKS PAUSE, BUT RECOVERY STILL ON TRACK
   
   June 15, 2020
 * Weekly Market Commentary
   
   
   SIGNS OF RESILIENCE IN UNCERTAIN TIMES
   
   June 08, 2020
 * Weekly Market Commentary
   
   
   STOCKS CONTINUE TO LOOK PAST TURBULENCE
   
   June 01, 2020
 * Weekly Market Commentary
   
   
   MARKETS RISE, AND FALL, WITH VACCINE HEADLINES
   
   May 26, 2020
 * Weekly Market Commentary
   
   
   STOCKS’ WEEKLY WINNING STREAK ENDS AFTER DOSE OF REALITY
   
   May 18, 2020
 * Weekly Market Commentary
   
   
   HAVE WE REACHED THE BOTTOM OF THE ECONOMIC VALLEY? MARKETS SEEM TO THINK SO
   
   May 11, 2020
 * Weekly Market Commentary
   
   
   AS STATES REOPEN, MARKET’S ATTENTION WILL SHIFT TO HARD DATA
   
   May 04, 2020
 * Weekly Market Commentary
   
   
   MORE STIMULUS ON THE WAY
   
   April 27, 2020
 * Weekly Market Commentary
   
   
   SIGNS OF PROGRESS ON 3 KEY FRONTS ON THE CORONAVIRUS PANDEMIC
   
   April 20, 2020
 * Weekly Market Commentary
   
   
   FED REACHES DEEPER INTO TOOLBOX AS UNEMPLOYMENT CLAIMS SURPASS 16 MILLION
   
   April 13, 2020
 * Quarterly Market Commentary
   
   
   4 MARKERS WE’RE WATCHING FOR CORONAVIRUS PROGRESS
   
   April 08, 2020
 * Weekly Market Commentary
   
   
   CORONAVIRUS CRISIS ENTERS A NEW STAGE 
   
   April 06, 2020
 * Weekly Market Commentary
   
   
   PRESIDENT SIGNS LARGEST U.S. AID PACKAGE IN HISTORY
   
   March 30, 2020
 * Market Insights
   
   
   ARE BOND ETFS PASSING THE TEST RIGHT NOW?
   
   March 24, 2020
 * Weekly Market Commentary
   
   
   FED ANNOUNCES MAJOR NEW ACTION TO CUSHION ECONOMY, STABILIZE MARKETS
   
   March 23, 2020
 * Weekly Market Commentary
   
   
   FED CUTS TO NEAR ZERO, PRESIDENT ANNOUNCES CORONAVIRUS AID
   
   March 16, 2020
 * Weekly Market Commentary
   
   
   BOND YIELDS, ‘FEAR GAUGE’ IN RARE TERRITORY
   
   March 09, 2020
 * Weekly Market Commentary
   
   
   OUR BROADER ECONOMIC VIEW AS VIRUS FEAR PUSHES MARKETS INTO A CORRECTION
   
   March 02, 2020
 * Weekly Market Commentary
   
   
   HOW THE ‘BORIS BOUNCE’ MIRRORS OUR GLOBAL OUTLOOK
   
   February 24, 2020
 * Weekly Market Commentary
   
   
   CONSUMERS, SMALL BUSINESSES FEELING GOOD IN 2020
   
   February 17, 2020
 * Weekly Market Commentary
   
   
   JOBS DATA SHINES WHILE VIRUS UNCERTAINTY LINGERS
   
   February 10, 2020
 * Weekly Market Commentary
   
   
   MARKET VOLATILITY RETURNS ON HEELS OF VIRUS OUTBREAK
   
   February 03, 2020
 * Quarterly Market Commentary
   
   
   EVER CHANGING ... NEVER CHANGING: A NEW DECADE, SEISMIC SHIFTS AND THE
   IMPORTANCE OF DIVERSIFICATION
   
   January 09, 2020
 * Quarterly Market Commentary
   
   
   PEAK POLITICAL UNCERTAINTY
   
   October 10, 2019
 * Quarterly Market Commentary
   
   
   IS IT TOO LATE NOW TO SAY SORRY?
   
   July 11, 2019


JONATHAN L. GALEGO

Wealth Management Advisor
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Northwestern Mutual is the marketing name for The Northwestern Mutual Life
Insurance Company and its subsidiaries. Life and disability insurance,
annuities, and life insurance with longterm care benefits are issued by The
Northwestern Mutual Life Insurance Company, Milwaukee, WI (NM). Longterm care
insurance is issued by Northwestern Long Term Care Insurance Company, Milwaukee,
WI, (NLTC) a subsidiary of NM. Investment brokerage services are offered through
Northwestern Mutual Investment Services, LLC (NMIS) a subsidiary of NM,
brokerdealer, registered investment advisor, and member FINRA and SIPC.
Investment advisory and trust services are offered through Northwestern Mutual
Wealth Management Company (NMWMC), Milwaukee, WI, a subsidiary of NM and a
federal savings bank. Products and services referenced are offered and sold only
by appropriately appointed and licensed entities and financial advisors and
professionals. Not all products and services are available in all states. Not
all Northwestern Mutual representatives are advisors. Only those representatives
with Advisor in their title or who otherwise disclose their status as an advisor
of NMWMC are credentialed as NMWMC representatives to provide investment
advisory services.

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