March Madness for Congress The buzzer goes off at midnight on the budget approval watch. It has become increasingly difficult to accept that the deadline will be met. There has been a preliminary agreement that has small wins for both parties that are within the...

Feeling Bad about Good News It is hard to fathom at times how citizens can feel so bad about the economy when most economic indicators are reflecting a lot of good news. Yes, we agree that inflation remains slow in descending and supermarket prices are almost absurd,...

Mixed Prospects Equities continue to command the bulk of the headlines today. While many investors are assessing their gains in tech and specifically Nvidia (NVDA), there may be precious little time to consider the fixed income space. However, rates have moved up with...

Patience Required You knew it was too good to be true. Any remaining thoughts about a rate cut in March have been completely quashed by the recent comments from the Fed Chair. However, the optimism remains that there will be cuts later this year. Even a cut in May is...

Final Lap At this time of the year the soothsayers turn out their estimates for next year. Last year, I called for $375 billion plus or minus $25 billion in either direction. I am covered here. We are at $346 billion through November with light issuance expected...