November 21, 2019 Making Every Dollar Count Through Inclusive Procurement by Clare Golla, James Thompson Contending with policy and government funding uncertainty, nonprofit organizations are seeking strategies that bring together cost efficiencies and mission advancement, rather than cost reduction at the expense of critical programs. Supplier diversity strategies offer a powerful opportunity to do just that. Diversity & Inclusion, Endowments & Foundations Likes 0 SHARE Bookmarks
November 20, 2019 Can the UK General Election End Brexit Uncertainty? by Darren Williams The UK faces a pivotal election. But while this may end the stalemate between the UK’s lawmakers, the eventual fate of Brexit is still uncertain, in our view. Brexit Likes 0 SHARE Bookmarks
November 19, 2019 ESG: A Key Component of Quality Companies by Mark Phelps Today, ESG issues may be more prominent in investors’ minds and approaches, but quality investors have been asking these questions for some time. Later in the Cycle, Responsible Investing/ESG Likes 0 SHARE Bookmarks
November 14, 2019 Low Rates May Be Worrying You, But Private Markets Use Them To Their Advantage by Alexander Chaloff There are currently 15 countries with interest rates lower than 1%, and more than half of those are negative. In the US, despite 10-year Treasury yields moving 40 bps higher since the beginning of September, rates are still historically low. And if the economy slows more than expected, they may move down again. What could these low interest rates mean for your investments? Alternatives, Wealth Planning Likes 0 SHARE Bookmarks
November 13, 2019 Fed Next Steps: What’s Likely, What’s Not by Eric Winograd The Fed has signaled it is unlikely to cut interest rates again in December, but we expect further rate cuts next year. We believe the Fed has not yet done enough to protect the economy against headwinds. While we don’t forecast a US recession, we think additional monetary policy easing will be needed to stabilize growth. Economics Likes 0 SHARE Bookmarks
November 11, 2019 Jump-Start Your Family’s Philanthropy on Giving Tuesday by Anne Bucciarelli At this time of the year, families pause their busy lives and gather together to reflect on their many blessings. It’s also a time when thoughts of charitable giving are front of mind, and many make year-end donations. The holiday season offers an opportunity to not only reflect on how you’ve given in the past but to create a plan to drive your gifts going forward. As you gather with family or sit around the Thanksgiving table this year, take the opportunity to engage your heirs and discuss values and philanthropic interests. So when Giving Tuesday arrives on December 3, everyone can be involved in giving back. Family Engagement, Philanthropy Likes 0 SHARE Bookmarks
November 05, 2019 Our Most Interesting Chart Right Now: Debt across the Economy—Pre/Post-Crisis Our Bernstein Research US Economics team crunched the numbers to determine which segments of the economy have increased or decreased leverage since the Global Financial Crisis. Economics, Wealth Planning Likes 0 SHARE Bookmarks
November 01, 2019 Can Munis Continue to Deliver? by Daryl Clements Despite the municipal market’s strong year-to-date rally, an aging US expansion and low yields continue to top municipal investors’ concerns as we enter the home stretch of 2019. When conditions are evolving and visibility is limited, active and flexible strategies can help balance risk and reward. Active & Passive , Capital Markets Outlook, Fixed Income, Later in the Cycle, Municipals Likes 0 SHARE Bookmarks
October 31, 2019 Investors Need Income, Not Excess Risk by Morgan Harting With government bonds providing too little income, investors need to diversify credit exposures and include other credit-like investments to achieve their income needs...but without reaching for yield or taking excess risk. Multi-asset portfolios can help. Later in the Cycle, Multi-Asset Likes 0 SHARE Bookmarks
October 31, 2019 Market Timers’ Biggest Mistake? Ignoring Taxes by Paul Robertson When bad news seems to come in waves, it’s tempting to look elsewhere for a safe place to park your portfolio. Yet in the heat of the moment, few investors carefully think through the math. That’s unfortunate, because ignoring the tax impact of market timing can prove hazardous to your wealth. Wealth Planning Likes 0 SHARE Bookmarks
October 31, 2019 In a Post-Cycle World, Earnings Growth Is King by Mark Phelps Investors are increasingly asking whether the macroeconomic growth cycle still exists, and, if so, where are we in it? The answers to these important questions have real implications for the way equity investors should think about their portfolios. Equities Likes 0 SHARE Bookmarks
October 28, 2019 When it Comes to QSBS, Timing is Everything by Stephen S. Schilling, Andrea Ross, Pavan W. Auman Eligibility for the Qualified Small Business Stock exclusion requires a deep understanding of the rules. Yet one truism seems to apply: timing is everything. Business Owners, Tax Management, Wealth Planning Likes 0 SHARE Bookmarks
October 28, 2019 Qualifying for the QSBS Exclusion by Stephen S. Schilling, Andrea Ross, Pavan W. Auman Qualified Small Business Stock has recently made a comeback—and the tax benefits can be substantial—provided you’re eligible. Business Owners, Wealth Planning Likes 0 SHARE Bookmarks