Why the Virtual Family Office is the most effective solution for most wealthy families.

As 2020 comes to an end, the extreme uncertainty that defined the outlook over the past year is subsiding. There are many questions about the speed with which the Covid-19 vaccines can be made available across the world, but the high estimated efficacy rates imply that “herd immunity” can be achieved with a lower level of vaccination than had been assumed. 

After almost a year of public debate, the Fed announced a subtle but important change to its monetary policy framework. Rather than targeting an inflation rate of 2%, the Fed will look to achieve an average inflation rate of 2% over time.