Where Do We Stand on Tax Filing and Payment Deadlines?

Among the many changes in our lives, our tax filing obligations have also been in flux. The new rules have been a moving target but we seem to have some clarity that we can work with. According to IRS guidance, current rules are as follows: The filing date for...

What Now? Another COVID-19 update, March 12, 2020

The global economy and markets are dramatically different today than they were when the year began. Just a few short weeks ago, the Federal Reserve Bank of Atlanta was tracking first quarter 2020 U.S. GDP growth at a 3.1% annual rate. Today, our base case is that the...

Coronavirus, Oil price shocks and managing market risk

As we have communicated multiple times over the last week, the coronavirus  (COVID-19) has caused major uncertainty and disruption in the global economy.  The impact on the U.S. economy (and related disruption in our daily lives) is starting to be felt. Our...

Perspective (Coronavirus and the markets)

The coronavirus (COVID-19) outbreak entered a new phase over the past week. Although the growth rate in cumulative cases has slowed in China, many more cases have been confirmed outside of China, raising fears of a global pandemic.  Global economic uncertainty related...

Coronavirus, the Markets and Portfolio Positioning

Recent reports of coronavirus (COVID-19) infections spreading throughout South Korea, Iran and Italy demonstrate that successful containment of the virus has not yet been established.  Although COVID-19 has a relatively low mortality rate (2%), it is highly...

Using Private Investments to Offset the Low-Return Decade Ahead

Last month we sent out a piece discussing private investments and their ability to optimize the risk-return equation for client portfolios. This month we continue, in more detail, that discussion on ‘privates’ and why we believe it is a timely...

Best-in-Class Alternative and Private Investments

In 2019, nearly all asset classes delivered positive returns, some more attractive than others.   For a variety of reasons, there is broad consensus that we are entering a period of lower returns in the public equity and fixed income markets.  The global economy...

Gries Outlook and Strategy

We continue to believe there are pockets of opportunity in equities, particularly globally. Within fixed income, investments focused on credit are able to generate yield and reasonable risk-return without an imminent recession. In any case, our investment team is...