Emergency Rate Cut By The Federal Reserve

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Emergency Rate Cut By The Federal Reserve   On Tuesday, March 3, the Federal Reserve announced a surprise rate cut of 0.50%. This was the seventh time in the last 20 years that the Federal Reserve cut rates between its normally scheduled meetings. Let’s look at the impact and implications. First, it’s important to point out…

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Corporate Bonds: More Risk, Less Reward?

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Two charts came across my desk recently that shed light on what I like to call “creeping risk” in the market. This happens when the character of an investment changes slowly over time without anyone really noticing the change. The first chart that caught my attention was a long-term historical chart of investment-grade corporate bond…

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