January Inflation Update

January Inflation Update

Written by Peter Baden, CFA, Chief Investment Officer Headlines of the Week US Bureau of Statistics - CPI “When demand exceeds supply, the price must go up!” Or so my Microeconomics 101 professor used to say. Let’s look at our current inflation situation through that lens. Spring 2020: Pandemic hits, we
Fixed Income Sector Review

Fixed Income Sector Review

Written by Peter Baden, CFA, Chief Investment Officer Sector Review With the Fed tapering and entering a new phase of the rate cycle, we anticipate increased volatility in the markets. With volatility comes opportunity to pick up bonds at good prices and improve our portfolios. We continue to like municipal bonds, improving
2021 Year End Outlook & Update

2021 Year End Outlook & Update

All in all, 2021 was a reasonable year. While the bond indices didn't show much strength, our hard work paid off and we had a good year. As we look into 2022, we expect another challenging year, but we are prepared for it. We are positioning our portfolios to take
December Inflation Update

December Inflation Update

Written by Peter Baden, CFA, Chief Investment Officer Headlines of the Week US Bureau of Statistics - CPI Retiring “Transitory”… Google "Define: Transitory" you get a quick definition: “not permanent”. Fed Chairman Powell stated this is what they meant by “Transitory”. However, scroll down a bit and Merriam-Webster definition is: “of brief