November 8, 2017— There is no single issue that has been discussed more since the November 2016 presidential election than tax reform. This is particularly true within investment circles, though sentiment regarding likelihood of passage has ebbed and flowed throughout this year. Last Thursday the House Republicans released the Tax Cuts and Jobs Act, a bill that would cut taxes by about $900 billion for individuals and almost $600 billion for companies. Static scoring (i.e.
November 2, 2017— Technological advances have fundamentally changed the way our society exchanges goods and services and have paved the way for the rise of the “gig economy.” This type of economy is mainly made up of flexible jobs that are usually short term in nature and are composed mostly of independent contractors and freelancers instead of full-time employees—think about the Ubers, Lyfts, and Airbnbs of the world.
October 24, 2017— Initial coin offerings (ICOs), a new form of fundraising for blockchain-based startups, have been front and center in the cryptocurrency world in recent months as activity has risen exponentially (please see ABCs of bitcoin for more background on bitcoin and cryptocurrencies). ICOs have raised just over $2bn in funds in 2017 (as of end of 3Q) compared to just $104mn in all of 2016.