Commentary

REITs Second Quarter 2008 Recap Jul 23, 2008: Market Environment The second quarter REIT market movements included both a continuation of the rally from the January lows to mid May, and then a pullback through the end of the quarter driven by…
Second Quarter 2008 Tax-Exempt Municipal Bond Market Review Jul 14, 2008: Second Quarter 2008 Fixed Income Sector Returns (Pre-Tax) Second Quarter 2008 Fixed Income Return per Unit of Duration The past quarter continued to pose challenges for the municipal bond…
Second Quarter 2008 Fixed Income Market Review Jul 14, 2008: Second Quarter 2008 Fixed Income Sector Returns Second Quarter 2008 Fixed Income Return per Unit of Duration Skyrocketing energy prices, inflationary threats, worsening credit conditions and…
First Quarter 2008 Tax-Exempt Muni Bond Market Review Apr 17, 2008: Despite recent headline news regarding the credit problems with monoline insurers, the collapse of the auction-rate market and an economic slowdown, the municipal market offers investments with…
First Quarter 2008 Fixed Income Market Review Apr 17, 2008: Against a backdrop of troubled world markets and deteriorating economic conditions, the Federal Reserve lowered its target for the federal funds rate by 75 basis points to 3.50% at its inter-meeting…