Words sometimes lose their meaning over time. This happened to the word “disinterested.” It originally meant “to be objective, not influenced by personal interest,” as in the sentence: The judge ...
Our Federal Tax Group finds the sweet spot for corporate inversions. If a U.S. corporation’s shareholders obtain between 50% and 60% of the stock, the exchange could be taxable If a U.S. corporation’s ...
The U.S. economy grew at a remarkable pace in the third quarter, but the bond market is broadcasting a worrisome signal. The U.S. Treasury yield curve is more steeply inverted today than it has been ...
The U.S. Treasury yield curve has inverted before every recession since 1955. In this case, inversion is the result of the three-month Treasury bill yield exceeding the yield of the 10-year Treasury.