The Pallas Perspective

House Passes Sweeping Domestic Policy Bill—Here's How It Could Affect Your Taxes, Estate Plan, and More.

Learn about Vista Equity and how they currently approach innovation, growth, and AI.

PCA's Gaurav Malik, Chief Investment Officer, and Steve Kylander, Sr. Portfolio Manager, provide the latest update on the state of the markets.

In the latest Market Update, Rich Mullen, Founder & CEO of PCA and Gaurav Malik, PCA Chief Investment Officer, discuss the recent tariffs and their potential effect on the economy.

Points on this week's topic: - Business tax changes: What to watch - Individual tax provisions: What's changing? - Will the tax cuts be extended? - Next steps: Plan, prepare, and stay informed  

- Bigger catch-up contributions for ages 60,61,62, and 63 - Mandatory auto-enrollment for new plans - Easier access for part-time workers Now is a good time to review your retirement planning...

Economic growth is the key to driving a positive return for markets in 2025 including a broadening out beyond the mega cap stocks. So far, the year is off to a great start in this regard.

Pallas Capital Advisors leadership Steve Kylander, Rich Mullen and Gaurav Mallik discuss the past year and what lies ahead in 2025.

In this week's podcast, find out why looking ahead to 2025 and beyond, the impact of the election is shaping up with the following expectations: • Lower taxes for corporations and individuals • Reduced regulation, benefiting more domestic-oriented companies • Higher long-term Treasury rates and fewer Fed funds rate cuts • Weaker growth in global markets • A stronger USD, driven by better relative U.S. growth and higher yields • Higher inflation, driven by stronger economic growth and tariffs on imports  

Medicare Basics: what you need to know: Medicare is a federal program that provides health insurance to retired individuals, regardless of their medical condition, and certain younger people with disabilities or end-stage renal disease. Here are some basic facts about Medicare and your financial planning that you should know.

Pallas President, Chief Operating Officer and Director of Planning James Landry speaks with Michael McCarthy, Pallas SVP, and Medicare planning expert Brad Carlson regarding planning for Medicare. 

Join the Pallas Capital investment team—Gaurav Mallik, Chief Investment Officer, and Stephen Kylander—as they sit down with Michael Arone, Chief Investment Strategist and Managing Director at State Street Global Advisors, to explore market resilience, the importance of diversification, and navigating investor sentiment in a volatile environment—all before the Fed lays down the hammer. Get the latest perspectives on what these factors mean for investors as the Fed gets closer to a rate-cutting cycle.

Following a few weeks of turbulence in the financial markets, a calmer week allowed the Pallas team to refocus on mid- and long-term priorities. As we reviewed the market and macroeconomic developments from last week, the following topics were top of mind for our investment team: Can we expect a soft Landing? Did earnings deliver enough optimism for markets to continue going up?

Dominic Bokor-Ingram speaks on geopolitical topics such as the Middle East and Ukraine, outlining possible outcomes and impacts to financial systems around the world.

Last week's job data release showed that the unemployment rate is rising, and payroll growth is slowing. What might be the impact?

Ready to unlock more opportunities, build amazing connections, foster relationships and embark on thrilling adventures? Tune in to our latest Pallas Perspective episode where Director of Financial Planning – Shannon Smith and networking coach, keynote speaker and author Julie Brown sit down to share 6 essential networking tips for college students, post grads and anyone looking to elevate their networking…

This newsletter provides an overview of the current individual income tax, estate tax, and gift tax environment and outlines some of the major provisions of the 2017 Tax Cuts and Jobs Act (TCJA) that are set to expire.

Positive Corporate Earnings Have Been Supportive of Equities - learn more in the Pallas Perspective Week in Review.

Inflation Data Under Expectations for the First Time in Months - what does it mean?

Good News and Bad News – The Fed Holding Rates Unchanged

Join Pallas CEO and Founder Rich Mullen and Pallas President, Chief Operating Officer & Director of Planning James Landry, ChFC®, as they delve into a range of strategies when dealing with a concentrated stock position.

The Pallas team of Steve Kylander, Sr. Portfolio Manager and Mark Bogar, CIO, discuss First Quarter trends in the economy, inflation, interest rates, and the implications for stock and bond markets.

What's in store for '24? Torsten Slok, Apollo's Chief Economist, and Pallas Capital's Andrew Krout (Senior Vice President – Wealth Management) and Stephen Kylander  (Senior Portfolio Manager) discuss inflation, capital markets, and the economy.

The Pallas team of Rich Mullen, CEO, Steve Kylander, Sr. Portfolio Manager and Mark Bogar, CIO, discuss current trends in the economy, inflation, interest rates, and implications for stock and bond markets.

High Relative Valuations for Equities Require Valuation Discipline and Focus on Long-Term Fundamentals

The Pallas Planning team discuss upcoming changes that have potential impact on savings and investments.

Equity Market Sentiment Has Turned Bullish: Strong Recent Performance May be Due for a Pause.

Money Market Fund Yields are Attractive; However, History Rewards Duration at Peak Fed Fund Rate. Listen now for more information!

Inflation Data declining Year Over Year Yet Stabilizing Near Term

The Pallas team of Rich Mullen, CEO, Steve Kylander, Sr. Portfolio Manager and Mark Bogar, CIO, discuss December trends in the economy, inflation, interest rates, and the implications for stock and bond markets.

In assessing current risks and opportunities in the U.S. financial markets, having an understanding of the current position and anticipated direction of the economy in the coming year can establish a foundation for tactical positioning and risk assessment.

We are deeply honored to extend an invitation to engage in a meaningful conversation with one of the nation's most distinguished and highly decorated Veterans – @Jon Fussell Pallas Capital takes pride in providing a platform for Jon to share his insights and for us to explore the wisdom shaped by his dedication, sacrifice, and unwavering commitment. Join us for an engaging conversation that unveils the extraordinary journey and leadership lessons cultivated on the frontlines of duty.

Pallas Planning Team members James Landry, ChFC® and Shannon Smith, CFP, AWMA, discuss 401ks, Roth IRAs and what the story is with recent changes.  

The Pallas Investment Team meets with Matt Reardon of ClearBridge Investments to discuss economic and geopolitical events.

This week PCA outlines the Bond market situation and the potential for Federal Reserve action.

The release of this week's Consumer Price Index data for August revealed a rise in inflation compared to July. Though still lower than the previous year, the data suggests that the trajectory of interest rates looks likely to be higher for longer. However, following a historic third year of negative returns for the aggregate bond index, the role of bonds in a diversified portfolio is more attractive.

The Pallas team of Rich Mullen, CEO, Steve Kylander, Sr. Portfolio Manager and Mark Bogar, CIO, discuss current trends in the economy, inflation, interest rates, and implications for stock and bond markets.

Navigating Economic Trends: Financial Performance Amidst Persistent Inflation and Elevated Interest Rates.

Earning over $145,000 from your employer in 2023? Be prepared to lose another tax deduction next year. James Landry explains...

This Week From the Pallas Perspective looks at the recent Fitch Ratings downgrade of the US from "AAA" to "AA+" and its historical significance.

This year's market performance is more evidence that investor sentiment can turn on a dime. The history of bear markets and short-term corrections shows that markets can turn around when it's least expected, especially when investors are most pessimistic. 

The Pallas team of Rich Mullen, CEO, Steve Kylander, Sr. Portfolio Manager and Mark Bogar, CIO, discuss current trends in the economy, inflation, interest rates, and implications for stock and bond markets.

The juxtaposition of the performance and valuation of the mega-caps versus the rest of the S&P 500 has created a glass-half-empty or half-full dilemma. Listen to the Pallas Perspective and visit PallasCapitalAdvisors.com for more information and insights.

Carlyle's Brian Marcus and Pallas CIO Mark Bogar discuss the Debt Ceiling, Recession risk and Public/Private Debt Markets

The Pallas Capital Advisors team thinks that, overall, the nearly complete Corporate Earnings Season has performed better than expected. But what about Growth Trends?

In this edition of the Pallas Perspective the Pallas Capital Advisors team briefly outlines the Consumer Price Index changes and the potential impact on inflation and the markets.

The advantage of partnering with an investment banker before your next business transaction… What you should know about the competitive process and leveraging transactions

Pallas Planner and Portfolio managers Shannon Smith (CFP, AWMA) and Cam Newton (CFA) explain the top ten financial planning choices that women should always be aware of.

The Pallas Capital Advisors team discuss the key takeaways from the recent Fed meeting and 25 basis point raise.

The Pallas Capital Advisors team discuss their various perspectives on recent bank failures. 

Federal Reserve Chairman Powell's Remarks create the largest yield inversion in 40 years. What does it mean?