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Well the CPI came in cooler than expected and interest rates have initially plunged–the 10 year falling 15 basis points. To me this is a ‘party’ number — as in ‘lets party’. By the end of the day we may see interest rates creep back up to a more reas…

Well today we will have the consumer price index released -markets are holding flattish awaiting the news. The forecast is for a very tame number – up .1% from last month and 3.3% from year ago. The core rate is forecast firmer at up .3% and 4.1% year…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Once again I am adding some small bank earnings in during earnings season. RPT Realty Declares Special Cash Dividend of $0.05444 Per Sh…

B Riley (Rily) common shares are taking a thrashing like we seldom see – now trading at $17.5 down over $7/share. The baby bonds are all off around $2.50-$3/share. Shares are all tanking badly on potential fraud mostly relative to the Franchise Group t…

Overall it was a relatively quiet week last week. The S&P500 moved in a range of 4343 to 4418 a range of less than 2%. The close was right near the high at 4415 a gain of 1.3% from the close the previous Friday. Interest rates remained muted as com…

Financial firm B Riley (RILY) is getting whacked again today – the common shares are down $3.75 to be at $26.27 which is down $15 in the last 5 days. Their baby bonds and 1 preferred issue are getting spanked as well–down 1 to 4%. This is purely a tru…

While the wheels fell off the equity rally yesterday it was still a very quiet week. My accounts didn’t move much this week (down a bit yesterday)–and that is just fine. To receive dividends and interest payments almost every week is my ‘heroin’–with…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Once again I am adding some small bank earnings in during earnings season. AMMO, Inc. Reports Second Quarter 2024 Financial Results Oxf…

Well it is another kind of quiet day–common shares are off, but just by .37%–essentially unchanged. The 10 year treasury is up 9 basis points–trading at 4.61%. All in all I like watching paint dry–just collect dividends and interest and not have to…

It’s been a few days since we had economic news of any real meaning to me – I want employment data and of course we get a little taste each week on Thursday at 7:30 a.m. in the way of initial jobless claims. Last week we saw 217,000 claims-and the fore…

I noticed that a few folks would like a little more ‘edit’ time in comments. The timer was set at 5 minutes–now it is 10 minutes–hopefully that gives a little more time to make changes if desired.

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Once again I am adding some small bank earnings in during earnings season. Logan Ridge Finance Corporation Announces Third Quarter 2023…