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Almost every business day we have Fed speakers–you know the folks–the ones that had no idea that interest rates were too low a year ago and missed the obvious (which almost all of us knew). They are the ones that say they are ‘data dependent’, but ye…

There have been some comments about the ‘Reply Link’ disappearing in the comments sections. My research has found that the current website setup allows for only 10 comments in reply to an initial comment before the ‘reply’ link disappears. I don’t reme…

Below are some press releases from company’s that have preferred stock and baby bonds outstanding. Stifel Reports October 2022 Operating Data Brookfield Infrastructure Renews Its Normal Course Issuer Bids RiverNorth Specialty Finance Corporation Announ…

Looks like markets are waiting on economic news later in the week. Chinese unrest is playing on the markets today. Markets have moved lower in an orderly fashion. Treasury yields today are moving at a snails pace. There is no economic news today, but i…

Well here we go once again going into what is 100% certain to be an exciting week with plenty of economic news to drive markets up and down. Last week the S&P500 traded in a range of 3933 to 4034 -relatively speaking a quiet week – a range of just…

I trust everyone had too much food and too much football yesterday. Hopefully everyone had time to reflect on what they had to be thankful for—I know my wife and I talked about it as we have done in recent years. We can find plenty to complain about,…

Below are some press releases from company’s that have preferred stock and baby bonds outstanding. SJI Announces Regular Quarterly Dividend AM Best Assigns Indicative Issue Credit Ratings to MetLife, Inc.’s New Shelf Registration FTAI Aviation Ltd. Inc…

The Fed FOMC meeting minutes just released pretty much confirmed my thoughts and where we might be going. Most FOMC members are thinking a reduction in interest rate hikes starting in December–but it isn’t unanimous–some are thinking that the continu…

Finally we see a jump in jobless claims with numbers up 17,000 for last week–to 240,000 and continuing claims up to 1.55 million from 1.5 million. Honestly not a giant jump on a historical basis, but directionally softer. On the other hand the durable…

Below are some press releases from company’s that have preferred stock or baby bonds outstanding. LifeMD, Inc. Ranked Number 140 Fastest Growing Company on Deloitte’s 2022 North America Technology Fast 500™ CTO Realty Growth Declares Dividends For the…

PS Business Parks has just announced a tender offer for their outstanding preferred shares. Of course they want them on the cheap—I have a name for them but can’t type it here. The press release is here.

Yesterday was fairly quiet all around – stocks and bonds – tight trading ranges and I love it. Preferred stock and baby bond pricing can/will move up penny by penny in a flat interest rate environment. The nervous nellies who bought high and sold low e…