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Just looking at interest rates this morning it is pretty obvious we are going to see a decent move in the next day or two–we do have the consumer price index tomorrow and that is followed up by the producer price index on Thursday. The 10 year is at 4…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Definitely a slow news day again today. Best’s Special Report: U.S. Property/Casualty Industry Records $24.5 Billion Underwriting Loss…

The S&P500 traded in a range of 4430 to 4514 in a holiday shortened trading week. This was a loss of 1.2% from the previous Fridays close. The 10 year treasury closed the week at 4.26% after trading in a range of 4.21% to 4.31% – actually a very ti…

Diversified REIT Hudson Pacific (HPP) has suspended their common stock dividend, while at the same time declaring the dividend on their 4.75% preferred dividend (HPP-C). Details can be found here.

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Definitely a slow news day again today. Mortgage Rates Decrease from Last Week While Remaining Above Seven Percent Ten Ltd. Reports Pro…

Time flys when you are 70 (actually 7 weeks until 70)–seems like we just had the last FOMC meeting–and now we are nearly to the next meeting. The meeting occurs on September 19-20 and as of this moment the CME Fedwatch Tool shows that there is a 93%…

While we are not hearing the daily drum beat on commercial real estate apparently there are bad things happening out there. Here is a link to a Wall Street Journal article with some interesting reading. The article is readable without a subscription.

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Now that earnings season is done I expect news to be very slow. Definitely a slow day again today. Plymouth Industrial REIT Completes R…

I had mentioned a week or two ago that I have made some nibbles on some good until cancelled orders for some baby bonds. I wanted to get the details out here and then I will update my ‘laundry list’ of holdings. I made 3 small purchases of the Hennessy…

The last 2 weeks I have done very little as to buying and selling in our portfolios–although I continue to have some good til cancelled ‘buy’ orders in place, but no one has ‘given’ me shares recently, of course my offer is a wholesale price while sel…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Now that earnings season is done I expect news to be very slow. Definitely a slow day again today. Enstar Announces Adverse Development…

West Texas Intermediate is jumping much higher this morning as Saudi Arabia announced an extended production cut through at least the end of 2023. While I don’t normally watch oil prices too closely a jump to over $86/barrel gets my attention. If price…