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Market Commentary

Our portfolio managers give you their analysis of current economic trends
within their targeted area of investment

Please read our PDF download special Q4 2018 mid-quarter comment.

Core Strategy
Will Wurm
Will Wurm

PDF download Q3 2018 : Headline Risks

Summary: Investors have discounted many of the recent headline risks, including trade wars, tariffs, higher interest rates and divisive partisan political rancor and continue to invest in the ongoing comparative strength of the US economy. The strong U.S. economic data also supports expectations for continued Federal Reserve interest-rate increases.

Past issues:     Q2 2018     Q1 2018     Q4 2017     Q3 2017    

Municipal Fixed Income
Evan Slater
Stephen Steglitz



PDF download Q3 2018 : Municipal Market Update

Past issues:     Q2 2018     Q1 2018