Research & News
The Rally That Wouldn’t Die!
Treasury Bonds Have Been on a 30-Year Tear. Whether or Not the Party Can Last Is Beside the Point—There Are Far Better Places to Put Your Money. Read More…
A chief investment strategist asks: Exactly how efficient is holiday gift shopping?
More efficient than buying lunch on the company account by Milton Friedman’s reckoning — but it’s better not to think about it Tiffany’s counter. Read more…
Despite earlier predictions, no pall at all over muni market
In stark contrast to the gloom and doom that plagued the municipal bond market a year ago, muni bonds have never looked as good as they do right now.
While there are some obvious forces driving the trend, it is nonetheless rare to see muni bonds compare so favorably with Treasuries and other taxable bonds. Read More…
Municipal bond market starting to turn heads
In stark contrast to the gloom and doom that plagued the municipal bond market a year ago, muni bonds have never looked as good as they do right now. Although there are some obvious forces driving the trend, it is nonetheless rare to see muni bonds compare so favorably with Treasuries and other taxable bonds. Read More…
A brief history of interest rates, from the first Thanksgiving to the bond boom
The Pilgrims probably paid 12-18% to finance their new lives (lucky for us they took the risk). Read More…
INsider: ‘Death spiral’ awaits if muni tax break erased
Supercommittee notion of doing away with exemption not so super; going down the Whitney path. Read More…