Market Commentary

Timely takes on markets and the economy.

Market Commentary

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Bond Insights

Are Preferred Securities Still Attractive?

The higher yields they currently offer can be a benefit for income-oriented investors, but those yields reflect the additional risks they face.

OnInvesting with Kathy Jones and Liz Ann Sonders
On Investing

Markets React to a New Administration

Kathy Jones and Liz Ann Sonders discuss the policy proposals and legislation most likely to affect the markets in the coming weeks.

city overlook

Are California Fires a Risk to the Muni Market?

The wildfires may affect some municipal bond issuers in the devastated areas, but the impact to other California bonds or to the broader muni market is likely limited.

Commentary

Hard to Handle: A Look at Hard vs. Soft Data

Some soft data metrics have started to rebound sharply and catch back up to relatively resilient hard data, but it's too soon to say whether the gap is definitively closing.

On Investing: Kathy Jones & Liz Ann Sonders
On Investing

Climate Shocks & the Muni Bond Market

Cooper Howard and Kathy Jones look at how climate events, like the fires in Los Angeles, could impact the municipal bond market.

Commentary

What's Ahead for China in 2025?

Economic data and policies out of China are typically delayed until mid-March. Stock volatility may be prevalent until initiatives are clarified after the Lunar New Year.

U.S. Catpitol
Washington Watch

New Congress Faces Massive Policy Agenda

Donald Trump and Republicans support sweeping changes that could affect the economy, markets and investors. But narrow margins in Congress could complicate that agenda.

On Investing: Kathy Jones & Liz Ann Sonders
On Investing

Does the Resilient Economy Equal a Higher Potential Growth Rate?

Liz Ann Sonders and Kathy Jones examine why the economy continues to show resilience despite higher interest rates and inflation concerns.

Commentary

It Was a Very Good Year

Stocks are coming off another banner year, but strength has bred a frothy sentiment environment, which continues to loom as a risk for likely coming volatility.