Expanding Your Tea Leaves
In our Market Commentary from November 11, we talked about a stock rotation that had been underway since early July out of industry sectors offering high dividend yields and [...]
Bonds
Wonderful Challenges
To our readers, and especially our wonderful clients: All of us at Farr, Miller & Washington wish you and your families a very happy and healthy holiday season. Each [...]
Turbulent Bonds
Current market dynamics reveal the difficulties in predicting market outcomes. As of this writing, the Dow Jones Industrial Average stands at a record high and, [...]
The Looming Pension Threat
With interest rates at near record lows, pension funds are finding it increasingly difficult to meet their return expectations while maintaining their conservative approach [...]
The Repercussions of Ultra-Low Interest Rates
For this week’s Market Commentary, I am including an excerpt from the second-quarter edition of our quarterly newsletter, The Farr View. We hope you will find it [...]
“TINA” is Back
By now I’m sure you’ve heard something about how disastrous the British vote to exit the European Union (aka, the Brexit) will be for both the global economy and [...]
The Savings Rate Also Rises…
Late last week we learned that Personal Income rose at a respectable pace of +0.4% in March, exceeding the consensus estimate of +0.3%. As has become a recurring theme, [...]
Keep it in Perspective
With the S&P 500 now down about 10% from its all-time high in May 2015, a certain level of fear has returned to the markets. Among the many concerns investors have are [...]
Have We Finally Reached Lift-off?
The global bond markets are in a tizzy again. Since mid-April, the yield on the 10-year Treasury bond has increased by 0.59% to 2.46% while the yield on the 10-year German [...]
Video Market Commentary: March 25, 2015
On Wednesday, March 25, 2015, Michael sat down to discuss the recent downturn we’ve seen in the stock market, how certain sectors are getting hit harder than others, [...]
