After an extremely strong third quarter for equity returns, sentiment quickly turned negative in October as investors grew wary over 2018 being the “peak” year for growth. “Peak growth” refers to the maximum rate of expansion for this cycle, not an end to growth for the economy or corporate profits.
Communication Breakdown Major changes are happening to the sector classifications that companies are assigned to within key U.S. stock indices, and we wanted to alert you to these changes. These changes occurred on September 21st, and will be reflected on your Q3 2018 reports.
Recently, we saw the largest change to the U.S. tax code since 1986 with the passage of the Tax Cuts and Jobs Act (TCJA). While there are many modifications to the tax code, this article summarizes some of the major changes that impact individuals.
Given our philosophy to invest in individual bonds for the fixed income portion of portfolios, we receive tender offers for bonds held in client portfolios on a regular basis. With the decline in interest rates over the first six months
As of late November, U.S. stock markets have surged over 28% during 2013 and have achieved total gains of 175% since the 2009 market bottom*. As a result, we are realizing sizable capital gains and are expecting large gain distributions from
How to define “wealthy” has been a significant aspect of recent political discourse. During the recent campaign there was a lot of discussion about the top 1 percent of all income earners versus the bottom 99 percent.