U.S. Labor Market - How Low Can Unemployment Go?

Millions of new jobs have been created since 2010, with unemployment close to its lowest level since the late '60s.  Though the U.S. has experienced one of the longest economic expansions ever, wage growth has been modest. 

ACG answers why full employment has been difficult to reach, and what data the unemployment rate is missing. 

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IPOs Ready to Launch

Private equity investing generally involves committing capital to an investment manager, who then invests in privately owned companies in various stages of development or evolution.  One method by which a company ultimately exits private ownership is by going public through an Initial Public Offering (IPO). 

ACG discusses the basics of IPOs, how IPOs impact private equity investments, and our role in helping investors allocate capital. 

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Buy In May & Go Away

A popular market adage suggests investors would be well-served by giving their portfolios a summer vacation.  As the outlook for the economy continues to be positive, with most predictions of recession at least a year away, is now the time to get in? 

ACG discusses the reasoning and tactics of both "Sell in May" and "Buy in May." 

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Opportunity Knocks?

The 2017 Tax Cuts and Jobs Act created a tax incentive for Qualified Opportunity Fund (QOF) investors in order to promote investment in specified Qualified Opportunity Zones (QOZs).  Though the basic provisions of the tax incentive are known, the rules remain unclear and regulatory risks persist. 

ACG examines the tax benefits, rules and regulations, and the social costs/benefits of investing QOZs. 

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