FEATURED MARKET DATA
Corporate Bond Issuance Surges
U.S. companies issued more debt through the first 8 months of 2020 than in all of 2019 and total outstanding debt sits at record highs. A recent Moody’s report focused on the lengthening maturities of newly issued debt at historically low yields and concluded this enhances financial flexibility.
by Laura Fox
FEATURED MARKET DATA
New Fed Policy Addresses Low Inflation
Faced with lower current inflation and inflation expectations, the Federal Reserve announced changes to its monetary policy strategy in August. This shift in policy lessens the Fed’s practice of preemptively raising rates to avoid higher inflation and will likely lead to lower rates for longer.
by Laura Fox
FEATURED MARKET DATA
Massive Purchases by Federal Reserve
Following a period of extreme market stress in March, the Federal Reserve reopened and created several programs aimed at boosting liquidity across a range of markets.
by Laura Fox
FEATURED MARKET DATA
Corporate Spreads Tighten
Bond markets showed continuing signs of improvement in June as corporate spreads (the difference in yields between corporate bond indices and Treasury yields) declined for investment grade bonds.
by Laura Fox
FEATURED MARKET DATA
What Treasury Bonds Tell Us
U.S. Treasury yields diverged with equities in May as stock markets soared while bond yields remained relatively stable.
by Laura Fox
FEATURED MARKET DATA
U.S. Recession Likely Begins
Gross Domestic Product, the broadest measure of goods and services produced, shrank 4.8% in the first quarter according to the government’s advance estimate.
by Laura Fox
FEATURED MARKET DATA
Initial Unemployment Claims Soar
A record 6.6 million workers applied for unemployment benefits in the week of March 22-28, a level nearly 10 times greater than the peak level of claims reported in 2009 during the Great Recession.
by Laura Fox
FEATURED MARKET DATA
Financial Market Fallout
Coronavirus fears and anticipated impact on the global economy have driven large market moves. As of March 6th, the S&P 500 has declined nearly 13% from its closing price on February 19th.
by Laura Fox
INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
Coronavirus Expected to Slow Global Growth
An announcement in the last week of January that major U.S. airlines will suspend flights to China for an extended period is unprecedented during peacetime.
by Laura Fox
INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
Strong Returns Across Asset Classes in 2019
Following a difficult end to 2018, investors enjoyed very strong investment returns across all asset classes in 2019. Actions by the Federal Reserve were the primary catalysts for pushing both stock and bond prices substantially higher.
by Laura Fox 