This chart demonstrates the volatility of the 10 year U. S. treasury bond since the beginning of 2016.

This volatility causes anxiety for many and understandably leads to several questions:

1. Will long term bond yields increase as the Federal Reserve Bank increases its overnight lending bank rate?
2. Should one invest in bonds now or wait until rates rise further?
3. What is a proper equity/bond asset allocation given this volatility?

These are pertinent questions and are often posed to our Investment Specialists and Portfolio Managers during the course of a week

By Ronald P. Bernardi Let’s slow down a bit before jumping to conclusions. Here are several observations about the October 30th, Wall Street Journal article How Muni Bonds ‘Yield’ 4% in a 2% World. Author Jason Zweig makes a valid point in asserting that yields cited in a typical custodian brokerage account statements may be […]

By Ronald P. Bernardi We thank our clients and others who count on us and wish everyone a healthy and prosperous 2015. This past November marked the beginning of our thirtieth year in business. Today, I want to share a few thoughts with you, some of which I’ve been reflecting on for a long time. […]

By Ronald P. Bernardi Stockton, California emerged from Chapter 9 on October 30, 2014 when U. S. Bankruptcy Judge Christopher M. Klein confirmed Stockton’s plan. Detroit, Michigan emerged from bankruptcy on November 7, 2014 when U.S. Bankruptcy Judge Steven Rhodes confirmed Detroit’s plan. Both judges ruled each plan as presented is fair and feasible to […]