July 13, 2018—The unresolved issue of Brexit—the UK’s exit from the European Union (EU)—continues to present ongoing uncertainty for the UK and broader European equities. Markets have already priced in much of this uncertainty. If the UK fails to conclude an agreement with the EU on post-Brexit arrangements, we believe equities will be negatively repriced. If the U.K.
In the July/August issue of our monthly flagship publication, we feature: On the Record by Chief Investment Officer Tony Roth, Don’t Climb a Wall of Worry. In Focus provides a look at the flattening yield curve—what it’s telling us now and whether it is likely to be the usual precursor of recession. Investment positioning and asset class
Implement tax-advantaged trust strategies post tax reform. Tax reform has created major changes and opportunities for high-net-worth taxpayers, particularly those who are real estate investors and developers. The creation of section 199A brings a new, advantageous deduction to those in the real estate business. From a strategic planning perspective, real estate investors, owners, and developers