The UK Exit from the EU

The UK Exit from the EU

Britain voted yesterday on whether to remain a member of the European Union, and as results were tallied overnight it became clear that the “No” camp had won. Markets do not like surprises and this outcome was very much a surprise as recent polling and odds makers had...
March 2016 Newsletter

March 2016 Newsletter

A Brief Market Update Markets dropped sharply at the beginning of the year, and that led to the predictable spate of alarmist stories in the financial press. Nevertheless, as we wrote at the time, it appeared unlikely that we were witnessing the onset of a a bear...
September 2011 Newsletter

September 2011 Newsletter

The weather has turned pleasant here in Atlanta in the last week or so, and that has coincided with the beginning of what may be a systematic approach to European debt problems. Still, as with most political issues, the ultimate outcome is uncertain. While that...
August 2011 Newsletter

August 2011 Newsletter

The first few weeks of August have brought a return to market volatility. We’ve sent out several notes on our thinking over the last few weeks, and in the initial article below, we bring you up to speed on our latest thinking regarding the underlying causes of...
Investing and Debt Ceiling Negotiations

Investing and Debt Ceiling Negotiations

In the most recent quarterly commentary, I noted that the vote on raising the debt ceiling could begin as soon as this past weekend. Unfortunately, that didn’t happen. Instead, talks between the House of Representatives and the White House broke off on Thursday...
March 2011 Newsletter

March 2011 Newsletter

It has been a tumultuous few weeks around the globe, and our thoughts are with all those affected. Several clients have raised questions about what the economic impact of events might be, and the first column below examines the potential impact of events in the Middle...

June 2010 Newsletter

As I’ve discussed in previous newsletters, there have been a number of changes to tax laws in 2010, and there are none that are likely to have a wider impact than changes to Roth conversion rules. The changes have made conversion more attractive – or even...