Earlier this summer, the House of Representatives passed the SECURE Act (“Setting Every Community Up for Retirement Enhancement”) with bipartisan support and a nearly unanimous vote. As of the writing of this commentary, it stalled in the Senate, but reports… Read More >
Municipal Market Update – July 2019
During July, the FOMC voted to cut the current target fed funds rate by .25% to 2.0-2.25% for the first time since the Great Recession. Fed chairman Jerome Powell firmly expressed a level of optimism surrounding the current economic outlook… Read More >
Municipal Market Update – June 2019
During June, the FOMC voted to maintain the current target fed funds rate of 2.25-2.5% despite vocal opposition from the outside. Threats of an inverted yield curve still loom although economic conditions are still holding up better than expected. Inflationary… Read More >
What’s It Worth, Spring 2019
U.S. private equity deal activity and total transaction value dipped slightly in Q1 2019, but prices on completed deals remain elevated. Continued record-breaking fundraising efforts and private equity dry powder (funds raised but not yet invested) will likely continue to… Read More >
Birmingham Area Economic Report, Q4 2018
This report explores a few key statistics that paint a picture of the Birmingham area economy. Our Birmingham Area Economic Report places the Birmingham area economy in a state, regional and national context. Click here to download the full report… Read More >
Municipal Market Update – May 2019
During May, US-China trade tensions increased, and the fixed income markets reacted negatively. Intermediate to long term treasury rates fell by almost a half of one percent, and the yield curve is inverted out to three years and gently sloping… Read More >
Long Term Portfolio Returns – January 2019 Update
In order to make sound investment decisions today, we are forced to make long term projections of portfolio returns. The methodology, assumptions, and original inputs for our approach to predicting long term portfolio returns are originally documented in our white… Read More >
Municipal Market Update – April 2019
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data as… Read More >
What It Means To Be A Fiduciary Under ERISA
Overview The Employee Retirement Income Security Act of 1974 (ERISA) sets out comprehensive standards of conduct for those who manage an employee benefit plan and its assets. In addition to a specific person being named in the plan document, a… Read More >
Planning for Charitable Giving
According to the National Philanthropic Trust,[1] approximately 90% of high net worth families give to charity, and in 2017, charitable giving accounted for 2.1% of gross domestic product. American families have historically given more money to charity than those in… Read More >
Municipal Market Update – March 2019
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data… Read More >
Municipal Market Update – February 2019
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data as… Read More >
Municipal Market Update – January 2019
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data… Read More >
Municipal Market Update – December 2018
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data… Read More >
Municipal Market Update – November 2018
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data… Read More >
Municipal Market Update – October 2018
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data… Read More >
Municipal Market Update – September 2018
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data… Read More >
Municipal Market Update – August 2018
Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data… Read More >
