Market Commentaries

Municipal Market Update

July 2007

Pres-Letter-July-2007


Municipal Market Update

March 2007

Pres-Letter-03-14-2007


Should I buy a 6-month T-Bill to earn 4.53%…

January 2006

ShouldIbuya6-monthT-Bill


2005 Year in Review

January 2006

2005_Year_in_Review


Waiting for Higher Rates?

September 2005

waiting_for_higher_rates


“People cannot stand too much reality”

April 2005

Presidents_Letter_04-26-2005


2004 U.S. Bond Market Recap

January 2005

2004_US_Bond_Market_Recap


2005/2006 Interest Rate Outlook

December 2004

2005-2006-Interest-Rate-Outlook


“Where have you gone Joe DiMaggio?”

September 2004

Presidents_Letter_Summer2004


Municipal Bond Pricing and Liquidity

April 2004

PricingLiquidity


Long-term Interest Rates will NOT spike upward…

March 2004

jeffsletter030504


“Sell When You Can, You Are Not for All Markets.”

January 2004

Presidents_Letter_Winter2004


Our 20th Year

December 2003

20thYear


What Recovery? President’s Letter

November 2003

PresLetter-031128


“Those were the days my friend, I thought they’d never end…”

September 2003

PresLetter-030717