FAS COMMENTARY AND NEWS

U.S. GDP decreased at an annual rate of 31.7% in the second quarter of 2020 according to the second estimate released by the U.S. Department of Commerce. Though not as bad as initially estimated from the advance estimate in July, Q2 was still the...

U.S. GDP decreased at an annual rate of 32.9% in the second quarter of 2020, according to the advance estimate released by the U.S. Department of Commerce, marking the U.S. economy’s worst period ever.  The decline in GDP in Q2 was steeper than any quarterly...

Jerilyn Klein Bier, author for RIA Intel, recognized FAS’ unique ownership structure and succession plan and has written an article about founder, Max Greer, Jr., and the succession story of FAS....

Fixed income remained relatively stable as rates on the intermediate part of the yield curve continued to fall. The Bloomberg Barclays US Bond Aggregate re­turned 2.87% in Q2 and remains up over 6% on the year. The initial spread widening in corporate bonds (i.e. the...