by DRL Group | Jun 11, 2025 | Chasing Yields
According to Bloomberg, J.P. Morgan Chase raised its forecast for 2025 municipal bond issuance from $490 billion to $560 billion. (1) Of the amount forecasted, $510 billion is expected to be tax-exempt, up from $450 billion. This amount is 30% higher than the average...
by DRL Group | Jun 4, 2025 | Chasing Yields
The May ADP Employment Report, released today, brought unexpected news-the private sector added only 37,000 jobs, a stark contrast to the anticipated 110,000. These ADP numbers, which reflect the monthly changes in private business hiring, mark the lowest point since...
by DRL Group | May 29, 2025 | Chasing Yields
The US Dollar, a symbol of strength and security, is not just a currency but a global’ shelter in the storm.’ It is the most widely traded and converted currency in the foreign exchange market and is held by almost every central bank in the world,...
by DRL Group | May 21, 2025 | Chasing Yields
As a bond trader for over 40 years, I’ve seen many brokerages and banks consolidate. One of the well-known stock brokerage houses in the 70’s and 80’s was E.F. Hutton, who later became part of a Citigroup/Morgan Stanley joint venture. In those days, they had a very...
by DRL Group | May 14, 2025 | Chasing Yields
The national public debt is essentially a collective responsibility that falls on all tax-paying individuals in our country. This debt represents the fees the government pays to fund its operations, including borrowing costs and interest on loans. It’s a...
by DRL Group | May 7, 2025 | Chasing Yields
This week, the Federal Reserve Open Market Committee Meeting kicks off its May policy meeting. Expectations are that the Fed will maintain its position and wait for more hard facts to support the decision to lower interest rates, possibly making its first move to...
