State of the Economy 3rd and 4th Quarters 2007

Introduction             Real gross domestic product (GDP) weakened in 2007 with an increase of 2.2% on an annual basis.  This is lower than the 2.9% increase for the full year 2006.  Economic activity showed mixed results throughout 2007.  Real GDP increased only 0.6% in the first quarter but showed marked improvement in the second quarter, … Continue reading State of the Economy 3rd and 4th Quarters 2007

State of the Economy 4th Quarter 2006

Introduction             Real gross domestic product (GDP) showed some improvement in the fourth quarter of 2006 with an increase of 3.5% at an annual rate as compared to a 2.0% increase in the third quarter.  Real GDP increased by 2.5% in the second quarter and 5.6% during the first quarter of 2006.  Real GDP increased … Continue reading State of the Economy 4th Quarter 2006

State Of The Economy 1st Quarter 2006

Introduction           Economic activity rebounded sharply in the first quarter of 2006 with real gross domestic product (GDP) increasing by 4.8% at an annual rate as compared to an increase of 1.7% in the fourth quarter of 2005 and an increase of 3.5% for the full year 2005.  This increase in economic activity is the … Continue reading State Of The Economy 1st Quarter 2006

State of the Economy 2nd Quarter 2006

Introduction             Economic activity finally began to exhibit additional signs of significant slowing in the second quarter after mixed signals from various economic data indicators and strong economic growth during the first quarter.  Real gross domestic product (GDP) increased at an annual rate of 2.5% in the second quarter following an increase of 5.6% at … Continue reading State of the Economy 2nd Quarter 2006

Valuation Brief: M&A Outlook 2006

A Look Back at 2005 Merger & Acquisition Activity Worldwide merger and acquisition activity reached $2,900 billion, 40% higher than in 2004, but still short of the $3,300 billion level reached in 2000. Based on this, 2005 was the third best year on record for mergers and acquisitions. The robust activity may be attributed to … Continue reading Valuation Brief: M&A Outlook 2006

Valuation Brief: Estate Tax Uncertainty

Uncertainty over the ultimate fate of the federal estate tax has lingered since passage of President Bush’s tax cuts in 2001.  Under the current legislation, the estate tax is progressively reduced to zero by 2010 at which time the estate tax disappears—only to return the following year at the original 55% rate unless the Congress … Continue reading Valuation Brief: Estate Tax Uncertainty

Discount statistics Of Closed-End Funds Update For The 4th Quarter 2005

This valuation brief will update the Highland Global study, “Family Limited Partnerships: Discount Statistics of Closed-end Funds,” originally published in November 2005 for data relating to the third quarter. Please see the original article for more details regarding discount statistics of closed-end funds. Barron’s Closed-End Fund Data Each quarter, Barron’s Online (www.barrons.com) reports statistics on … Continue reading Discount statistics Of Closed-End Funds Update For The 4th Quarter 2005

Discount Statistics Of Closed-End Funds Update For The 3rd Quarter 2005

This valuation brief will update the Highland Global study, “Family Limited Partnerships: Discount Statistics of Closed-end Funds,” (originally published in November 2005) for data relating to the first quarter. Please see the original article for more details regarding discount statistics of closed-end funds. Barron’s Closed-End Fund Data Each quarter, Barron’s Online (www.barrons.com) reports statistics on … Continue reading Discount Statistics Of Closed-End Funds Update For The 3rd Quarter 2005

State Of The Economy 3rd Quarter 2005

Introduction           Despite the devastating effects of Hurricanes Katrina and Rita in the Gulf states and initial signs of slowing during the first half of 2005, economic activity remained surprisingly firm in the third quarter with real gross domestic product (GDP) increasing by 3.8% during the quarter.  This favourable growth follows a 3.3% increase in … Continue reading State Of The Economy 3rd Quarter 2005