Chasing Yields

This week, the Federal Reserve Bank of NY released the findings of its April Empire State Manufacturing Index, a snapshot survey of the health of the manufacturing sector in NY. As per the respondents, there was a modest decline in business activity, which was,...

As the US Treasury prepares to sell $39 billion 10-yr bonds today, the big question on economist’s minds is, who will buy our bonds? The Treasury sells billions of dollars in bonds to fund government debt; typically, foreign central banks…

As the U.S. braces for global reactions to tariffs, investor attention has been predominantly focused on how the stock and bond markets are trading.

The investor’s Consumer Confidence Index for March reached a 4-year low of 92.9, down from 100.1 in February, according to The Conference Board. Also released was the Expectation Index, which lists consumers’ short-term outlook for…

As investors weigh the steady volume of negative news and opinions on market uncertainty, there are few places to hide from the storm.

2025 has not been the soaring growth market investors had envisioned, but quite the opposite. Since 1/2/25, the DJIA has dropped from a 42,905.09 high to a low of 41,010.24, a loss of just under 1900 points.

Last week, inflation-adjusted consumer spending fell .5%, the most significant monthly decline in four years. Consumers have become increasingly cautious about spending as they digest higher price shocks, pending tariff consequences, the DOGE job losses, and the trickle-down effect of these developments on…

When investors review their monthly portfolio statement the balance reflects market prices which are rough calculations of their worth.