Well we got through the consumer price index (CPI) without a problem as numbers came in either on target or slightly better. That is if you believe the numbers since the survey of prices has been cut back because of a shortage of folks to gather them….
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 is over for now and not much news is being posted by company’s that are of in…
The 10 year treasury has barely moved today and is trading right around 4.47% while none of the equity indexes are moving much (plus .2 or .3%) except the Russell 2000 which is up 2/3%. Of course the S&P500 is only 2% (+/-) from record highs so one…
Collateralized loan owner (CLO) Eagle Point Income (EIC) has approved a buyback of common shares up to $50 million. You may remember that just 10 days ago the company cut their distribution from 20 cents monthly to 13 cents monthly–an excellent move a…
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 is over for now and not much news is being posted by company’s that are of in…
As I mentioned last week I am doing a little buying this week–not lots and lots, but continuing the slow add of what I hope to be rewarding income issues. My initial thoughts were that I would stay to shorter duration issues, but after some research I…
A new week, although likely to be the same as last week with some volatility in equity prices with various DJT tweets and battles in Congress over the new budget details. We’ll find out who caves in as the congress people and senators joust mightily—…
139,000 new jobs were created in the U.S. which has sent equities into ‘party’ mode. The forecast was for 125,000 new job creations. The last 2 months were adjusted down by a whopping 95,000–really doesn’t give one much confidence in the accuracy of 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. Earnings season is over for now and not much news is being posted by company’s that are of in…
Well it appears that DJT has held a long awaited call with Xi this morning–although I can’t believe there haven’t been social media posts about it as of yet. I’m sure folks are reading all kinds of things into the lack of press on the matter (since I…
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 is over for now and not much news is being posted by company’s that are of in…
You’ve all seen the ADP employment numbers this morning–37,000 new jobs created in May versus a forecast of 110,000. As always it seems forecasts are pretty worthless. The Institure of Supply Management (ISM) numbers came in soft across the board–wit…