Soft Landing, Hard Choices
|December 21, 2022
The Federal Reserve raised interest rates by 50 bps at its December meeting, following four consecutive 75 bp increases. The Fed funds rate target now stands at 4.25% – 4.50%. It had begun the year at zero…
▶︎ Read Dec 12 2022 newsletter: here
▶︎ Chart of the Week: here (by WSJ, Federal Reserve)
(Any “forward-looking” information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition Past performance is no guarantee of future results. Investing involves risk; principal loss is possible.)
Private Credit Defaults 101: Back to School
As Labor Day approaches, the unofficial end of summer is upon us. But, before we get too sad, there is also the familiar back-to-school energy.