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 >
Long Term Portfolio Returns – January 2018 Update
In order to make sound investment decisions today, we are forced on making 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 >
The Bank Shot, Q4 2017
In this issue of The Bank Shot, our quarterly newsletter for community banks, we take a robust look at the bank M&A arena in 2017. Click here to read the full report.
Municipal Market Update – January 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 >
The Monkey’s Advantage
The Wall Street Journal ran a periodic column a few years ago that compared the performance of some of the best stock pickers to that of monkeys throwing darts at a page of stock listings. After some time, the “monkeys”… Read More >
Municipal Market Update – October 2017
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 2017
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 >
Effect of Stale Returns on Diversification Strategies
In an effort to manage risk and reduce volatility, investors often seek to diversify the holdings in their portfolio. Diversification is sometimes described as the only “free lunch” when it comes to investing. The idea behind diversification is that an… Read More >
Municipal Market Update – August 2017
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 >
The Bank Shot – August 2017
In This Issue In “Up, Up and Away…Bank M&A Scorecard June 30, 2017,” we discuss how M&A activity and pricing so far in 2017 is noticeably up compared to 2016. In “The Ol’ Pea Under the Shell Game,” former Alabama… Read More >
Municipal Market Update – July 2017
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 >
Benefits of a Donor Advised Fund
Each year around the end of March, I spend at least half a day tracking down my charitable contribution receipts in the hope of increasing my tax refund with a charitable deduction. There are plenty of tools to help me… Read More >
Birmingham Area Economic Report, Q1 2017
This report explores a few key statistics that paint a picture of the Birmingham area economy. The Porter, White & Company Birmingham Area Economic Report, published quarterly, places the Birmingham area economy in a state, regional and national context. Click… Read More >
Municipal Market Update – June 2017
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 – May 2017
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 – April 2017
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 – March 2017
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 >
Estimating Bond Returns
Many people find the performance of bonds, and particularly bond funds, confusing. We know that if we buy a bond for $100 that matures in 5 years and pays a $5 coupon (or 5% yield), then we will earn 5%… Read More >
