Although we think it's too early to declare the economy is in a recession, risk is elevated. For investors who are concerned about a recession, municipal bonds may help buffer a portfolio.
It's been 38 years since I began my career on Wall Street and the lessons I learned along the way from some all-time investment greats always hold true.
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Federal Reserve: On the Road Again
Rate Cuts Support a Brighter 2025
Focus on Labor: The History & Importance of Employment Data
High-Yield Bonds: Are They Attractive Now?
The Fed at Jackson Hole & Revised Employment Data
Five Reasons Munis May Offer Shelter in Recession
Songs of Experience: Reminiscences of a Strategist
Recent Market Volatility & the Role of Fixed Income
Bond Market: Shaken, Not Stirred