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Interest Rates
November 30 2022
Markets/Economy .
Article The case for munis
November 30 2022

Municipal securities have much to offer if the economy slows.

November 29 2022
Markets/Economy .
Article Resist the temptation
November 17 2022

Wide corporate bond spreads are enticing, but the time to add to credit sectors hasn't come yet.

November 1 2022
Monetary Policy .
Article Not so fast
November 2 2022

Fed Chair Powell indicates the pace of hikes is not as crucial as arriving at the right place.

November 8 2022
Monetary Policy .
Article The good old days
October 31 2022

Money market yields have returned to pre-GFC levels.

October 26 2022
Equity .
Article Markets like gridlock
October 21 2022

And they may get it as midterms seem to be trending the GOP's way.

October 24 2022
Monetary Policy .
Article D.I.Y.
October 3 2022

Fed projections are less useful these days.

July 27 2022
Monetary Policy .
Article Another big swing
July 27 2022

The Fed raises interest rates by 0.75% for the second month in a row.

July 22 2022
Monetary Policy .
Article Hawkish Fed argues for keeping defense on the field
July 21 2022

Rising recession risk favors defensive dividend stocks, cash and Treasuries.

August 22 2022
Fixed Income .
Article Stay tuned, stay nimble
July 14 2022

After years of playing defense, it's time to think offense.

July 1 2022
Liquidity .
Article Perpetual motion
July 1 2022

The Fed’s willingness to shift on volatile data makes rate expectations difficult.

October 20 2022
Markets/Economy .
Article Collateral damage
June 24 2022

Fed policy shift should cool the housing market.

June 15 2022
Monetary Policy .
Article Since you offered
June 15 2022

The market’s late shift in expectations gave the Fed the opportunity for a 0.75% hike.

June 1 2022
Fixed Income .
Article Where do yields go from here?
June 1 2022

Up, but until there is more clarity, maybe not much.

June 28 2022
Liquidity .
Article Ear to the ground
June 1 2022

The Fed must rely on the data and not its policy framework to curb inflation.

May 26 2022
Markets/Economy .
Article Economic slowdown
May 26 2022

Stagflation and recession risks growing.

May 2 2022
Liquidity .
Article The table is set
May 2 2022

The Fed rate cycle and the SEC money fund reform process are ready to begin in earnest.

May 13 2022
Interest Rates .
Article Federal Open Mouth Committee
April 26 2022

The Fed's abundant messaging has the market doing its work for it.

April 25 2022
Equity .
Article Prices are rising everywhere ...
April 22 2022

Consumers and businesses don't seem to mind too much ... yet.

May 11 2022
Equity .
Article Revisionist history
April 22 2022

Washington policies helped to create runaway inflation.

April 22 2022
Markets/Economy .
Article Dominos falling
April 14 2022

Russia’s invasion, higher energy costs, soaring inflation, hawkish Fed…

December 7 2022
Fixed Income .
Article Mosaic of uncertainties merits caution
April 11 2022

Bonds wrestle with pricing Fed, war and inflation outcomes.  

April 26 2022
Markets/Economy .
Article Is the equity head fake over?
April 7 2022

A host of negative factors could end the recent rally.

April 11 2022
Markets/Economy .
Podcast Undeniably hawkish
April 1 2022

R.J. Gallo, Susan Hill and Phil Orlando weigh in on the latest Fed action and inflation expectations. 

April 7 2022
Liquidity .
Article Balancing expectations
April 1 2022

The Treasury yield curve isn't matching the futures market’s view of rate hikes.

March 18 2022
Monetary Policy .
Article Fed takeaway: yields are heading higher
March 17 2022

Policymakers don't want to undo 40 years of restrained inflation expectations.

April 4 2022
Monetary Policy .
Article An aggressive Fed
March 16 2022

The Fed hiked rates and put inflation on notice with hawkish projections.

December 7 2022
Fixed Income .
Article Bias remains up (slightly) on longer rates
February 24 2022

Invasion fallout does some of the Fed's work for it.

February 24 2022
Fixed Income .
Article What's a fixed-income investor to do?
February 8 2022

As rates rise, look for opportunities on the shorter end.

February 24 2022
Monetary Policy .
Article Ready, set...
February 1 2022

Rate normalization is almost a go.

April 7 2022
Monetary Policy .
Article A hawkish clarification
January 26 2022

The Fed didn't raise rates today, but Chair Powell let the markets know it's coming.

January 25 2022
2022 Outlook .
Article The hits keep coming
January 11 2022

Stubborn inflation and hawkish Fed pivot add to bond market challenges.

December 15 2021
Monetary Policy .
Article Acceleration
December 15 2021

The Fed increases the pace of taper and expectations for rate hikes.

January 3 2022
2022 Outlook .
Article Walking the tightrope
December 15 2021

Three things to watch in 2022.