Market Commentary

Anxiety Is Building

August 23, 2019

This morning, the spread between the yields on the 10-year and 2-year Treasury bonds went negative. This situation is called “yield-curve inversion”, and it has [...]

The Bank Dilemma

August 1, 2019

The recent plunge in interest rates should benefit Corporate America. Most obviously, companies across all sectors should enjoy lower funding costs and, in some cases, better [...]

Framing the Challenge

July 25, 2019

Following last week’s Market Commentary, I was asked how we can remain fully invested in a market fraught with danger. It’s a legitimate question, and so I feel [...]