by DRL Group | Feb 23, 2026 | Market Insights
Minutes from the FOMC meeting should show a broad consensus to hold rates steady after three straight cuts. Many, including Bloomberg, expect limited pressure to cut rates beyond Miran and Waller, who dissented at the meeting. The meeting is now “water under the...
by DRL Group | Feb 13, 2026 | Market Insights
Hammack (FED of Cleveland) indicated rates could be on “hold” while officials evaluate incoming economic data. She indicated, “Based on my forecast, we could be on hold for quite some time.” It will be interesting to see how these types of statements change (or...
by DRL Group | Feb 5, 2026 | Market Insights
We reported that certain reports will be delayed due to the government shutdown. The January employment report has been rescheduled for 2/11 according to the data put out by Labor Stats. The data was originally due 2/6; this should not impact the markets, unless the...
by DRL Group | Jan 30, 2026 | Market Insights
We pushed out a piece discussing MUNIs and how money managers believe longer-dated MUNIs offer value here, despite the slight increase in pricing (which we are not seeing). If you are a MUNI investor looking for value, it would be prudent to seek paper on the longer...
by DRL Group | Jan 23, 2026 | Market Insights
The feud between President Trump and Powell continued yesterday in Davos. Trump indicated Powell would not “enjoy” his tenure if he stayed on the FED Board after his term as chair expires. We all know Trump wants to replace Powell and is pressing for lower rates. We...
by DRL Group | Jan 15, 2026 | Market Insights
Fund flows: Investors added $1.25 billion from municipal bond mutual funds in the week ended Jan. 7, 2026, according to the Investment Company Institute. The prior week saw $407 million in inflow. This is a clear indication of SMA’s buying of paper within the markets....
