Deficits Do Matter

by Michael Lebowitz The Federal Reserve (Fed) has increased the Fed Funds rate by 125 basis points or 1.25% since 2015, which had little effect on bonds until recently. Of late, however, yields on longer-maturity bonds have begun to rise, …

READ MORE

The Ayatollah Backing Black Lives Matter

by Mark Angelides In a bizarre twist on geopolitical relations, it appears that the Ayatollah of Iran, Supreme Leader, Ali Khamenei not only thinks little of President Trump, but has a warm place in his heart for the activist group Black …

READ MORE