A New Fed Chair Inherits a Flattening Yield Curve

A New Fed Chair Inherits a Flattening Yield Curve

On November 2, 2017, President Trump announced that Jerome “Jay” Powell will replace Janet Yellen as the Federal Reserve Chair starting in February 2018. According to sources, five candidates including Powell and Yellen were considered in the running for the job. The...
New Tax Law Likely to Boost Corporate Earnings

New Tax Law Likely to Boost Corporate Earnings

On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act into law. This bill represents the largest change to taxation in the US in the last 30 years, permanently lowering the corporate tax rate to 21% (from 35%) and putting in place a temporary tax...