Evergreen Q1 2020

Keeping it Simple: Fiduciary Duty

Evergreen Q1 2020, News
Keep it simple: an investment manager who owes you a fiduciary duty is probably your best chance

One of the great desktop admonitions is “eschew obfuscation”.  We interpret that to be a message both to cut needless or unhelpful complexity and to keep it simple.  In that spirit, a recent address caught our eye.  As described in a December 2019 address by the director of the division of investment management at the SEC[1], the regulatory battlefield includes, as general categories, let alone specific sub-groups: finalized rulings, proposed rulings, exemptive orders, and outreach initiatives. 

Read More
entry-list.php

In the Feds Hands: Stability

Evergreen Q1 2020, News
In the Feds Hands: the Fed took decisive action to prevent a calamity

The S&P 500 Index returned 31.5% in 2019, its best year since 2013, whereas the FTSE All-World Index returned 27.2%, its best year since 2009. The market began 2019 beset by concerns the Fed was tightening monetary policy too aggressively, anticipating additional rate hikes. As the Fed leaned towards incrementally easier policy throughout the year, ultimately cutting interest rates three times, the market went on to make new highs. All eleven sectors of the S&P 500 generated double digit returns, and almost every asset class did well.

Read More
entry-list.php

Tax Update 3-16-20 Cuts & Growth

Evergreen Q1 2020, News
Tax-update-3-16-20: capital spending by businesses raises productivity and wages for workers

Tax Cuts and Growth 

Although the day that all a taxpayer’s owed taxes have to be paid in is still April 15th every year, the “tax season” doesn’t end until the extension deadline around October 15th.  The calendar year end brings the start of a new tax season although actually filing returns won’t start until February 1st.  What state is the Internal Revenue Service (IRS) in? 

Read More
entry-list.php
category.php