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The Christmas Edition: The Hope of Christmas

December 20, 2012
Rich Berg and Phil Nussbaum

As many of you know, every year Phil and I send out a Christmas letter that is not from the Performance Trust Companies, but rather personally from the two of us. We use this special time of the year to share with you what Christmas means to us.

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Forward Rates: Not What They Sound Like

December 19, 2012
Adam Buresh

Forward rates are often perceived to be a form of prediction of future interest rates. In fact, in their calculation and application, they are only a statement about current interest rates.

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