Allen Trust Company Connections
Stuart Allen, President of the Association of Trust Organizations (ATO), attended the 2018 ATO Annual Meeting in Scottsdale, Arizona. As part of his presidential duties, he welcomed attendees to the meeting and presented the 2018 Member of the Year award to J. Phil Buchanan of Cannon Financial Institute.
Allen Trust Company is proud of our sponsorship of the Portland Art Museum and all of the good work they do. Last night, Stuart and Sarah had the pleasure of viewing the “Shape of Speed” exhibit with a special after hours tour. The exhibit closes on Sunday, be sure to race over there before those gorgeous vehicles speed out of Portland!
Despite a more tenuous global backdrop, the prospects for the U.S. economy remain positive and supports the case for higher interest rates. A higher interest rate backdrop will likely result in further market volatility as stock valuation expectations adjust to interest rate moves. This month, Julio Quinteros discusses a rising interest rate environment as a significant variable that limits market returns, and could spill into other areas of the U.S. economy.
Private investors in the United States hold an estimated $6.1 trillion in unrealized capital gains. But why? Taxes, of course! This month, Allen Trust Company’s Tax Specialist, Stephen Paul, discusses the options available to owners of low basis stock and other highly appreciated assets.
While the current global economic expansion is estimated to reach 3.9% for 2018 and 2019, the medium-term risks are moving to the forefront. This month Allen Trust Company’s Senior Portfolio Manager, Julie Bryan discusses the implications of global divergences.