Our publications serve to inform advisors, clients, and industry influencers about timely issues facing the investment community. With the goal of providing access to insightful content, we regularly share our perspectives in two ways: newsletters and articles.
Duration continued its 2019 outperformance in the second quarter. Longer dated treasury, corporate, and municipal bonds outperformed shorter durations in anticipation of future rate cuts from the Fed and lackluster inflation.
There are many reasons to be optimistic about the economy. Nobody can predict exactly how our nation’s budgetary constraints will play out, but it is important not to lose sight of them, especially when the economy is strong.