Chasing Yields
Our latest musings about actions and events affecting the investment landscape
IBM – Timing Is Everything
On Tuesday, IBM shares crashed roughly 25%, the worst single-day drop in the company’s history, after pre-announcing preliminary Q2 results that badly missed expectations
Keeping More of What You Earn: Managing Taxation with Municipal Bonds
Every investor is familiar with the quiet frustration of watching a solid return diminish under the weight of taxes and inflation.
Warsh Reminds Investors Where He Stands on Guidance
Federal Reserve Chairman Kevin Warsh used his appearance with CNBC’s Sara Eisen at the ECB Forum on Central Banking to reaffirm his stance against forward guidance.
Read our latest Market Insights.
Uncomfortable Risks are Persistent
As producers and consumers pay higher prices for goods and services, not only is this a painful reality that the Fed will not cut the Fed Funds Rate anytime soon, but it also increases the likelihood that inflation is out of control or not fleeting.
Muni’s, a shelter from the storm
The current geopolitical environment is putting unusual pressure on U.S. Treasuries. Traditionally, geopolitical crises trigger a “flight to safety,” pushing Treasury prices higher (and yields lower).