Terminology: Trust

A trust (a collection of assets) is a legal agreement through which funds or assets are held by a third party (the trustee) on behalf of a beneficiary.   It is often considered an alternative to a will. The one major benefit from a trust is that the assets can be passed to beneficiaries without using…

Looking at the Yield Curve

Looking Back at March Thinking that the United States and China might be close to a trade deal caused the market to be relatively quiet in March – until the last week when the yield curve inverted.  Essentially this means shorter term interest rates became higher than longer term rate.  This yield curve inversion caused…