Weekly Market Commentary March 31, 2015

So, when is the Federal Reserve going to increase the rate for overnight borrowing? It’s a question that has plagued bond investors throughout the first quarter of 2015. In January, 10-year Treasury yields fell as low as 1.6 percent. Early in March, they rose to about...

Weekly Market Commentary March 24, 2015

Financial markets gave the Federal Reserve a standing ovation last week. At least, that was Barron’s interpretation. What did the Fed do to deserve it? “…the Fed did what everyone expected, signaling that it could raise interest rates at any meeting starting in June....

What do you know about St. Patrick? March 17, 2015

St. Patrick, the apostle of Ireland, is one of the most well known and popular Catholic saints. Of course, he wasn’t actually Irish and his birth name wasn’t Patrick! Maewyn Succat was born to Calpurnius and Conchessa, a Roman couple who lived in Britain overseeing...

Weekly Market Commentary March 17, 2015

Franklin D. Roosevelt’s first inaugural address was delivered in 1933 in the midst of the Great Depression. He said, “This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we...

Weekly Market Commentary March 10, 2015

If you looked at last week from the perspective of the children’s book, If You Give a Mouse a Cookie, it might have gone like this: If you give the United States a positive employment report, Investors are going to ask whether interest rates will move higher. When...