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Week In Review

Georgia held runoff races for their Senate seats this week, and both Democratic candidates were victorious. The balance of power in the Senate is now 50 Republicans and 50 Democrats with Vice President-elect Kamala Harris adding the tiebreaking vote for any legislation...
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Pfizer’s coronavirus vaccine began being administered in the U.S. this week after emergency authorization from the U.S. FDA...
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New cases in the United States have now averaged over 200,000 a day as the recent surge remains unabated. Hospitalizations are now exceeding previous peaks at 100,000 with new deaths also setting new highs...
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Market Commentary

Global markets rallied across the board in the fourth quarter of 2020 following the U.S. election in early November and the approval of vaccines to fight the coronavirus. The U.S. economy continues to produce mixed results as the country battles the coronavirus...
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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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Planning Commentary

When NFL quarterback Tom Brady left the New England Patriots in early 2020, you could say it marked a turning point in his long and incredibly successful Hall of Fame career. Many people doubted his ability to survive in a different “system” than the one he had enjoyed for so long in New England. Change is hard, and most people naturally try to resist it...
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With three significant pieces of tax legislation passed within the past three years, it is more critical than ever to stay on top of various tax rates, thresholds, limitations, and exemptions for 2021.
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With the holiday season upon us and the end of the year approaching, it is time to look forward to being together with friends and family, even if our gatherings are limited by some form of social distancing this year. It is also a time when charitable giving often comes to mind...
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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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