Needle In a Haystack

Needle In a Haystack

As municipal bond managers for over 30 years, we have seen many markets. We can say with high level of conviction that we have never been more concerned and nervous about what is to come. As we enter the beginning of 2021, our economy is in a huge economic bubble. We...

Equity Income Strategy: Q3 2020 Commentary

Market Overview The COVID-19 pandemic continued to upend the global economy in the third quarter as cases and deaths rose. U.S. cases increased by 4.6 million and close to 80,000 additional Americans lost their lives to the virus. After spiking in July, U.S. new case...

Infrastructure PLUS Strategy: Q2 2010 Commentary

The Infrastructure PLUS Strategy We hope your last few months have you feeling happy, healthy, and terrific. This is our inaugural review of our first quarter running our Infrastructure PLUS strategy. For those new to our PLUS strategy, we have found in our research...

Equity Income Strategy: Q2 2020 Commentary

Market Overview The COVID-19 pandemic continued to spread across the globe during the second quarter. By the end of June, the virus had dealt a severe blow to the global economy. Even as many countries that had shut down their economies in March began the delicate...