Archive for August 2026
Kevin Warsh at Jackson Hole: Reform, Not Signaling
INVESTMENT COMMITTEE COMMENTARY August 2026 Wall Street enjoyed a solid month in August, despite periodic volatility. Stocks overcame inflation concerns, a gradually cooling labor market, rising Treasury yields, monetary policy uncertainty, and ongoing geopolitical tensions in the Middle East to finish the month higher. The markets focused on strong corporate earnings, softening inflation data, and…
Read MoreLeaving Illinois for Estate Tax Reasons: Don’t Overlook the Retirement Income Tradeoff
The Core Planning Question For many high-net-worth Illinois residents, the idea of moving to a no-estate-tax state can look compelling. Illinois has a separate estate tax with a $4 million exemption, meaning estates above that level can face a state-level transfer tax even when no federal estate tax is due. Illinois also provides one of…
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