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Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. UMH PROPERTIES, INC. WILL HOST FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL Oaktree Specialty Le…

An hour ago we got a softer than expected reading on the leading economic indicators from The Conference Board. The reading came in at a -1% for December versus expectations of -.7%. So the indicators are down 4.2% over the course of the last month. On…

Here we go again–can the rally in stocks and bonds continue after taking a tiny breather last week? At this moment equity futures are darned near flat. Last week the S&P500 fell by less than 1%–closing at 3972 which was 27 points below the close…

I am curious what everyone is up to – generally speaking. Are you buying? Booking some profits? Or simply mainly holding? I have noticed a couple ‘schools of thought’–1 school is that prices of preferreds and baby bonds have risen ‘too far, too fast’…

After weeks of decent gains it seems like maybe we move forward for the next 10 days with dependence on dividends and interest to move our account balances higher. Interest rates may well be at a level which will be sticky until the January 30/February…

While it was a tough day on Wednesday for common share prices income issues hung right in there–essentially flat on the day. With the producer price index (PPI) coming in favorable to forecasts and retail sales coming in soft the 10 year treasury tumb…

Seems like we are always waiting on some type of economic news—today it is the producer price index (PPI) which is expected to be slightly negative for December–as always a significant deviation could move markets sharply. We also have retail sales…

I am out of the office for a few days this week so am without some of my equipment to effectively post information (beyond plain test) so I will not be posted headlines in the evening. I will be back into normal mode Friday morning.

Here we go again starting the week on Tuesday instead of on Monday – for the third time in the last month. Last week the S&P500 rose by 2.7%—another great rally week after climbing 1.4% the previous week. Futures are trading off about 1/4% this m…

The big banks are reporting earnings this morning and are turning the equity indexes ‘red’–earnings are decent–above expectations, but forward guidance is more dicey. I guess we won’t get an 8th day of gains in income issues–while interest rates are…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. Brookfield Asset Management Ltd. to Host Fourth Quarter 2022 Results Conference Call Mortgage Rates Decline CTO Realty Growth Annou…

Inflation numbers as measured by the CPI came in right on forecast today –each of the numbers came in so close to forecast you might think the BLS had rigged the numbers–but for today they are THE numbers. Markets are treating the economic numbers in…