Taylor Advisors is leading the pack when it comes to finding creative solutions designed to increase profitability and promote sustainable growth. Learn more about the waves we’re making and industry happenings in our blog.
Taylor Advisors is leading the pack when it comes to finding creative solutions designed to increase profitability and promote sustainable growth. Learn more about the waves we’re making and industry happenings in our blog.
A draft of the Tax Reform proposal was released this week by the GOP. Below, we discuss some potential key implications on the municipal market, focusing on investors’ tax-equivalent yields/spreads and market value. All spreads are based on current market yields, and the illustrations assume all else stays equal. For Individuals Proposal: Maintain the top…
When most economists discuss changes in the fed funds rate, the most commonly discussed relationships are unemployment, gross domestic product, and inflation expectations. However, credit conditions are often indicators of banks’ willingness to lend that helps sustain, inflate, or deflate economic activity. A result of this basic concept, we began evaluating bank charge-off rates, gross…
It is not a surprise that many community financial institutions are highly net interest income dependent. When the largest earning asset, loans, is not seeing a lift in new production yields following a 100 basis point increase in Prime, it has many bank and credit union executives concerned and wondering why. We discuss several of…
Bond markets have experienced meaningful volatility following Donald Trump’s surprise win over Hillary Clinton. In a two-week timespan, the 10 Year Treasury yield rose by approximately 50 bps, with benchmark municipal yields also rising by a similar amount. The move in Treasury yields can be attributed to Trump’s contemplated stimulus, likely funded with significant additional…
2017 has already proven to be anything but normal and the Federal Reserve seems intent on continuing its tightening cycle. The Fed has now increased their target rate twice and one cannot ignore the impact changing rates will have on fixed income investment portfolios. With markets expecting interest rates to gradually rise in the coming…
For this edition of Taylor Advisors’ eBrief, we would like to illustrate the importance of managing funding costs as a key to consistent profitability. By now, bankers have become accustomed to a low rate environment since the Federal Reserve last increased their target rate in June of 2006 and subsequently lowered it 500 basis points…