The Markets

In the fourth quarter of 2018, equity and bond markets reversed direction from trends established through most of the previous nine months.  Tough talk on tariffs and more signs of a slowing economy both in the US and globally weighed on equities, while at the same time helping treasury bond prices advance (leading to lower …

The Bond Market Corner – Winter 2019 Read More »

The Federal Reserve again raised interest rates at its June meeting. The new range on the Fed Funds rate is now 1.75%-2%. We expect another two rate hikes this year which will bring this key short-term rate to as high as 2.5%. US growth remains strong and inflation has crept upward. The Fed will likely …

The Bond Market Corner – Summer 2018 Read More »