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Making Fixed Income Work for You in a Rising Interest Rate Environment

Beginning in May and continuing in June, bond prices have been under pressure as interest rates have begun to rise. As a result, many investors in fixed income securities are now underwater for the year after enjoying a multi-year period of extraordinary gains. As interest rates continue to migrate higher, albeit in a very erratic […]

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Remain Cool-Headed

In the last 10 days, the major equity averages have lost, and then largely regained, 4% of their market value. Hence, a $1 million stock portfolio would have dropped to $960,000 and then recovered between June 21 and July 1. The frantic movements resulted largely from recent pronouncements by US Federal Reserve Board Chairman Ben […]

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