Bonds are Back

Market Update for the Quarter EndingDecember 31, 2022 It was a miserable year for bonds. The bond market meltdown of 2022 has gone down in history as the worst ever, with the Bloomberg U.S. Aggregate Bond Index down 13.1%. To find losses anywhere near as deep, you’d...

The Great Financial Reset

Since the 2007-2008 Financial Crisis, the Federal Reserve has largely pinned interest rates to the floor – with the brief exception just before the pandemic. Free money was nice. Borrowing at 0% for cars and 2% for homes spurred economic growth and fueled increases in...