First Quarter 2022: Rising Inflation, Russia Invades Ukraine, Commodity Prices Rise

We entered 2022 with a focus on impacts from the Covid Omicron Wave, rising inflation and the likely response from the Federal Reserve. In February, Russia invaded Ukraine. The war triggered not only concerns about an escalation of the conflict and potential

This Is Not the Time to Over-Reach for Yield

Table of default rates

The adage that there is no free lunch is quite germane in the realm of fixed income investments: the greater the return, the greater the risk. With money market accounts yielding next to nothing, 5-year treasury bonds offering about 2%, and bank