Tax Reform’s Impact on the Value of Muni’s
…higher wages which has manifested itself in higher stock multiples and higher prices. The opposite has happened with interest rates. Higher growth and wages would be expected to bring higher…
…higher wages which has manifested itself in higher stock multiples and higher prices. The opposite has happened with interest rates. Higher growth and wages would be expected to bring higher…
…order to sell alternatives investments. A quick look into the facts reminds us that the tried and true strategies are still tried and true, even if correlations may be shifting…
…major factor is the rising dollar as the Fed raises rates. This has caused the dollar to appreciate relative to other currencies, which makes it more expensive for emerging markets…
…currencies like dollars and euros, which becomes increasingly difficult to pay as the value of the lire falls. The Turkish central bank estimates that more than a third of the…
…the government bonds, but when the bad times come, you generally make a positive return, which is often untrue with the higher yielding bonds. Preferred Stocks are more like stocks…
A correction is usually defined as a peak-to-trough decline of 10- percent using closing prices. Under that definition, we’re not quite at a correction, since the S&P 500 is ‘only’…
…higher the yield, on the y-axis. Under normal circumstances, yields are higher the further out you look into the future because there is more uncertainty, which requires a higher yield…
…mutual funds that we own: Equity Market Risk Small Company Risk Foreign Securities and Currencies Risk Value Investment Risk Derivatives Risk Securities Lending Risk Cyber Security Risk Each one of…
…trade and technology, in which all tariffs would be rolled back and the USA-China relationship improves, which provides stability around the globe. The second path isn’t quite as rosy, but…
…rates to focus on the difference, or spread between the various types of bonds. I didn’t coordinate the colors very well, because in this chart, I’m showing the investment grade…