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After some difficult days in equities it looks like markets are ‘digesting’ recent moves–equity indexes are moving in a relatively narrow range–up and down now. Interest rates are kind of doing the same with not much movement and just hanging in the…

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 another ugly day–I thought just maybe we would have gotten a ‘sell the potential tariffs’ and buy the actual tariffs–but I guess folks still are feeling threatened today by the future. We have gotten a couple of dead cat bounces today, but with…

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted.  XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Sh…

This morning the Atlanta Fed GDPNow model was updated. The next update will be on Thursday of this week.

Markets continue to move in a manner indicating no one knows for sure what is going to happen in the weeks ahead. As if we didn’t have our hands full with tariffs as well as many geopolitical events we now have the potential for a government shutdown n…

Are you ready for the week? Economic news is somewhat minimal this week–a least until the official release of jobs numbers on Friday. We can get a good hint of the economy by focusing on the jobs numbers (we also have the ADP jobs numbers on Wednesday…

Here is a Wall Street Journal article that is simply meant by me to pass on items I find today–of interest to me, but maybe not to you. The article deals with structured finance, including CLOs (collateralized loan obligations). Given that I have expo…

Yesterday the Atlanta Fed updated their GDPNow forecast with a dramatic drop for the 1st quarter. This tool is updated every few days and the next update is on Monday 3/3/2025. Can the economy drop off the cliff that fast? Guess we will have to wait an…

If you hold the 10.625% Wesco Reset preferred (WCC-A) you can claim your gains by selling this issue now. This issue has a reset on 6/22/2025 at a rate which would be in the neighborhood 14-15%. The ‘spread’ on this one is 10.325%. Current yield to mat…

Well we got the personal consumption expenditures number today and everything for the most part was right on forecast. Next week the big number will be employment which comes next Friday. The 10 year treasury is trading around 4.23% or so helping to re…

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Mortgage Rates Continue to Drop Pending Home Sales Waned 4.6% in January Redfin Reports Flori…