For no particular reason the market is grinding higher today–buy the dip I guess. Interest rates are pretty steady in the 4.40%, but when we get a nice equity rally it lifts all boats so our accounts are a little green right now (not much). Did you se…
Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. April 21, 2025 06:59 ET | Source: Affiliated Managers Group, Inc. AMG Announce…
Nothing pre market today indicated that the S&P500 would be lower by 2.70% (right now), but markets are taking the administration seriously about getting rid of Fed Chairman Powell. At about 9:40 a.m. (central) DJT tweeted– “Preemptive Cuts” in In…
Closed end fund RiverNorth Opportunities Fund 6% preferred (RIV-A) went on sale just a bit ago with a mini-dump of shares. It is now trading at $22.77. This issue is rated by Moodys at A1. For those looking for a decent yield on a very safe issue it ma…
The S&P600 fell last week in a holiday shortened trading week last week–by about 1.5%.. Honestly not a hugely wild week, but the level of volatility in the marketplace is far from over as we still have tariff issues to deal with, then we have lots…
Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. April 17, 2025 16:15 ET | Source: Sachem Capital Corp. Sachem Capital Sets Dat…
That is exactly what I have been doing this morning–without any real success. Yes I am fussy about any buys right in here–we have no clue what is going to happen in the month ahead (or even the week ahead) so how can one go crazy with buying. To be t…
Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. April 16, 2025 16:07 ET | Source: Triumph Financial, Inc. Triumph Financial Re…
I’m thinking I brought a bit of a hoax on the market for the afternoon–only an hour after saying markets were relatively quiet the S&P500 took a nosedive which took it down over 2% in the afternoon–fortuantely bouncing 1% in the last 30 minuters….
While equity markets are kind of soft today the movements have been relatively orderly–no massive ‘tweet moves’–yet. I don’t mind down movements nearly as much when they take place in an orderly fashion–it is those ‘baby out with the bath water’ mov…
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…
If I can’t have good faith in interest rates at least holding current levels and not moving higher–and I don’t have that faith right now, I will use some short dated maturities to move my yield a little higher. Yesterday I bought shares in the Gladsto…