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Week In Review

New coronavirus cases in the United States have spiked to over 180,000 a day as the recent surge remains unabated. Hospitalizations are now exceeding previous peaks..
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NEW CORONAVIRUS CASES in the United States have spiked to over 140,000 a day. Hospitalizations are reaching prior peak levels putting stress on the nation’s healthcare system.
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80.7 million votes have already been cast in the U.S. election as of 10/29/20, according to the U.S. Elections Project...
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Market Commentary

Global markets rebounded strongly in November 2020, following the results of the U.S. election and positive vaccine efficacy announcements...
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October 2020 demonstrated a risk-off environment ahead of the 2020 U.S. election and a resurgence of the coronavirus. Global equity markets generally fell in October with the S&P 500 -2.7%, NASDAQ -2.3%, EAFE -4.1%, and the exception being Emerging Markets +2.1%.
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Equity markets rallied in the third quarter. Technology stocks led the way again with NASDAQ up 11.2% for the quarter. S&P 500 (+8.9%) and Russell 2000 (+4.9%) were positive but lagged NASDAQ returns...
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Planning Commentary

The window of opportunity for many tax-saving moves closes on December 31, so it is important to evaluate your tax situation now, while there is still time to affect your bottom line for the 2020 tax year...
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Election years bring with them a chance for major policy changes. Politicians have long used the tax code to “fix” or change the economy, markets, and investor or consumer behavior. This presidential election year will be no different...
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Long-term care (LTC) is an issue that touches almost every family at some point. And families may often find themselves ill-prepared for many of the realities and uncertainties that providing care for a loved one can bring...
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News and Announcements

Pallas Capital Advisors Announces Official Launch as a Registered Investment Advisor (RIA)
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Pallas Capital Advisors And Wheels Up Announce Partnership In Collaboration With MEALS UP Initiative
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Pallas Capital Advisors Welcomes New Senior Vice President, Christopher Ayer, and Announces Launch of Portsmouth, NH Office
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