Articles

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2022 Tax Guide for Gifting

As we start off the New Year, it’s never too early to start thinking about gifting strategies. Whether you plan on making gifts to charity or to loved ones, here are a few things to be thinking about.

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90 Great Years

Where we’ve been, and where we’re headed: Howe & Rusling celebrates its 90th anniversary!

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Examining the Upcoming Election

On the brink of the first presidential debate and roughly a month before November 3, we’re sure you have questions about the upcoming election and the impact it will have on the financial markets. While it is nearly impossible to predict the exact policies in the next year that will influence the market, from either side of the aisle, we want to share our thoughts on what is reasonable to expect from what we know right now.

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Cybersecurity during COVID-19

COVID-19 has changed nearly every aspect of our daily lives, including how we work, socialize, and communicate. Unfortunately this also means many of us will be subject to a range of new cybersecurity threats, including the all-too-common phishing attacks but with an added pandemic twist.

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The Louisiana Purchase and the Birth of American High Finance

The four most powerful words in the universe of bonds are “full faith and credit.” These words apply to government Treasury bills, notes, and bonds whose timely interest and principal payments are backed by an unconditional guarantee from the United States Government. Since Treasury securities are backed by the full faith and credit of the government, they are referred to as “risk free” securities. The government cannot default on its obligations, as it has the power to levy taxes or print more money to repay its debt. For this reason, the interest rate on the 10-Year Treasury note can act as the benchmark rate for other fixed income securities which carry some level of default risk.

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Will the New LIBOR Replacement Please Stand Up: Introducing SOFR, The Fed’s Recommended Alternative

The London Interbank Offered Rate (LIBOR) began when banks realized they needed a consistent benchmark to reflect the cost to borrow on an unsecured basis in “wholesale” markets, for bank-to-bank services. Today LIBOR is the most widely used interest rate benchmark in the world and determines the interest rate on a range of financial instruments including mortgages, student loans, government loans, and currency swaps, among others.

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