Lessons From the Eurozone Debt Crisis |
The Eurozone debt crisis is now in its third year, and we want
to share our perspective on recent developments. It now appears
more likely than ever that Greece may exit the Euro currency, and
you...
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Taxes are often considered a necessary evil. The topic evokes
strong emotions. How we perceive taxes and how we feel about paying
them are complex issues. For investors, two significant
situations...
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Differences Due to Fair Value Pricing |
Many investors are wondering why their international equity
index funds have recently underperformed a benchmark such as the
MSCI EAFE Index. This underperformance is largely due to the
effects of...
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Managing Municipal Market Credit Risk |
Our process for managing credit risk in individual municipal
bonds goes well beyond the credit ratings that they are assigned by
credit rating agencies. While we believe these ratings have
value...
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