Market Commentary

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Bond Insights

When to Consider Munis From Outside Your Home State

Although investing in in-state municipal bonds may have tax advantages, there can be good reasons to buy out-of-state munis.

Benefits of Emerging Markets Diversification

Emerging market (EM) countries are often generalized as all the same and driven by commodity prices. The reality can be very different. Here's what you should know about EM stocks now.

On Investing: Kathy Jones & Liz Ann Sonders
On Investing

Debt, Deficits & One Big Beautiful Bill

Kathy Jones and Liz Ann Sonders discuss the latest tariff news and the implications of the recently passed "One Big Beautiful Bill."

Washington Watch

Congress Approves Massive Tax and Spending Bill

Congress approved the "One Big Beautiful Bill" tax-and-spending plan. Here are some of the key provisions for investors and taxpayers.

Energy: Global Excess or Shortage of Power?

Israel-Iran hostilities brought a short-term market focus on oil. Longer term, artificial intelligence (AI) electricity needs could create a power shortage, as well as opportunities and risks for investors.

On Investing: Kathy Jones & Liz Ann Sonders
On Investing

The Markets Shrug at Geopolitics, for Now

Mike Townsend joins the show to discuss the news out of Washington, the evolving geopolitical landscape, and the market's reaction.

Bond Insights

Municipal Bonds: Mid-Year 2025 Outlook

Tax policy may continue to be a factor in the second half of the year, although Congress looks likely to maintain current tax brackets and the muni tax exemption.

Bond Insights

Corporate Bonds: Mid-Year 2025 Outlook

We continue to suggest an "up in quality" fixed income bias for the short run, but investors can still consider some of the riskier parts of the fixed income market in moderation.

What's Going On…With Inflation

Inflation's trend has been favorable this year, but a growing conflict in Iran—combined with already-imposed tariffs—might put upward pressure in prices later this year.