http://salsa.bbh.com/news/ en-us jeff.schoenfeld@bbh.com Tue, 09 Mar 2010 11:01:44 -0500 http://salsa.bbh.com/news/archives/003336.php?insurance=1 Game Ending With the benefit of hindsight, we might ask how it is that global investors did not demand more accountability and higher compensation — earlier in this cycle — for the fiscal train wreck now underway in a number... http://salsa.bbh.com/news/archives/003335.php?insurance=1 Visit BBH at Booth No. 2219.... http://salsa.bbh.com/news/archives/003334.php?insurance=1 Where Are We Now? A few weeks ago we described the economic debate underway as “Glass Half Full vs. Glass Half Empty?” There is no longer any dispute about whether we are in a recovery, but there are quite disparate... http://salsa.bbh.com/news/archives/003333.php?insurance=1 Unscrambling The Mortgage Market Dynamics The market for U.S. residential mortgages has been upended by two events: an unprecedented and largely unanticipated 30% national decline in housing values, and an equally unprecedented $1.25 trillion Fed purchase program for mortgage-backed securities.... http://salsa.bbh.com/news/archives/003332.php?insurance=1 Glass Half Empty or Half Full? Last Friday’s reported 5.7% advance in Q4 GDP was well above consensus forecasts, but the market action on the day (falling rates and stock prices) suggested that investors collectively said “we’re not impressed”. Few... http://salsa.bbh.com/news/archives/003331.php?insurance=1 If Interest Rates Rise… In our recent BBH Fixed Income Quarterly, we noted five developments which could pressure interest rates higher this year. First, investors expect the Fed to begin raising rates this summer, with additional rate hikes later in... http://salsa.bbh.com/news/archives/003330.php?insurance=1 InvestorView, Quarter 1, 2010 is now available. Private Wealth Management is pleased to announce InvestorView, our newly rebranded quarterly journal. Formerly known as the Wealth Management Quarterly, InvestorView intends to provide useful information and thoughtful commentary on the markets and... http://salsa.bbh.com/news/archives/003329.php?insurance=1 Attached please find our Fixed Income Quarterly market review. Please click here to open document in PDF format.... http://salsa.bbh.com/news/archives/003328.php?insurance=1 The reasons a grantor might establish a trust for his child or other beneficiary are well-known. This outline considers the benefits of a trust from a different perspective. Why might the beneficiary prefer to receive a gift or bequest in... http://salsa.bbh.com/news/archives/003280.php?insurance=1 One of the benefits of making a charitable gift is the associated deduction for federal income tax purposes. Each charitable deduction, however, is subject to a limitation that acts as a ceiling on the amount the taxpayer may deduct in... http://salsa.bbh.com/news/archives/003281.php?insurance=1 If you have charitable intent and you would also like to transfer assets to your family or friends, a charitable lead trust (CLT) may be the proper vehicle to achieve your wishes. Benefits Enables you to make a future gift... http://salsa.bbh.com/news/archives/003327.php?insurance=1 When making annual gifts to a minor, it is often unwise to simply give the child the gift outright. A §2503(c) trust may be the appropriate vehicle for this purpose. Brief Description A parent, grandparent or friend can make gifts... http://salsa.bbh.com/news/archives/003325.php?insurance=1 A Year Later... We can’t resist the comparisons to a year ago when uncertainty and fear reigned supreme. Some asset classes, like TIPS, reached their cheapest valuations as 2008 came to a close, while other asset classes, like stocks, bottomed... http://salsa.bbh.com/news/archives/003324.php?insurance=1 It's All About the Fed A year ago at this time, fear and uncertainty were reaching a feverish pitch. Lehman had failed three months before, and it took another four months before it became clear that governments around the world... http://salsa.bbh.com/news/archives/003323.php?insurance=1 Brown Brothers Harriman was a proud sponsor of the Fixed Income Supplement that appeared in the November 16th issue of Pensions & Investments magazine. The supplement contained two brief articles on the fixed income markets including comments by Jeff Schoenfeld,...