Home

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Earnings season has essentially ended so news will be slower until we get into mid April when…

Well we have seen 4 hours of trading and we are not seeing much bounce in any equity index. Bitcoin is also way off. Interest rates are sitting right around 4.04%. But you never know what the last few hours will bring. Our accounts have a little damage…

Last night I wrote a short note at 8:30 pm on indexes dropping in reaction to the administration announcing tariffs yesterday afternoon. Not much can be said at this point as there has been no bounce in indexes overnight and at this moment all indexes…

Well Trump has announced his extensive list of tariffs to be imposed on all of our global trading partners. The tariffs are plenty big–and range from 10% up toward 50-75%–I watched the ‘show’ on TV and don’t really have much to say about it except li…

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Earnings season has essentially ended so news will be slower until we get into mid April when…

Investors were initially disappointed with the ADP employment numbers–markets seemed to want numbers showing us heading toward a recession. The numbers came in at 155,000 new jobs, exceeding the forecast of 120,000. So good news was bad news and equit…

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Earnings season has essentially ended so news will be slower until we get into mid April when…

We got some economic news this morning which is likely being mostly ignored by investors. The JOLTs (job openings and labor turnover) report softened a tiny bit from last month–7.568 million jobs open compared to 7.762 million last month. I would have…

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Earnings season has essentially ended so news will be slower until we get into mid April when…

Are interest rates heading up or heading down? Is there a recession just ahead or is GDP going to head higher–irrespective of what GDPNow says (current GDP forecast for the 1st quarter is -2.8%)? Should one buy perpetuals or should they by term prefer…

Last week we saw the S&P500 fall – by just 87 points (about 1 1/2%). The total trading range was around 200 S&P500 points–just shy of a 4% range. Have we seen the bottom? Have we seen a ‘flush’? I don’t think the bottom is in and with continui…

Equity markets are down sharply–not a giant surprise with personal consumption expenditures numbers which were a bit hotter than expected–not supportive of interest rate cuts ahead. On the other hand interest rates fell fairly sharply–the 10 year tr…