In your dictionary, the term spoof refers to a hoax, a prank, or a good-humored mocking. In today’s reality that term has implications that are anything but good humored. Spoofing refers to websites that look legitimate, but are not. It is an increasing problem. You...

Strong Start to the Year Markets continued higher in the first quarter, boosted by the Federal Reserve’s policy shift signaling that the next move in interest rates would be downward.  With the economy and labor markets demonstrating greater resilience, consensus expectations of a recession or mild...

It was a lackluster start to the year for high quality fixed income with the move higher in US Treasury yields largely negating the tightening in Investment Grade (IG) credit spreads.  Amidst generally decent macroeconomic data and a rally in risk assets, expectations for the...

In our 4th quarter Investment Update last year, like many, we acknowledged the challenges heading into 2023, particularly concerning additional rate hikes and the risk that the Federal Reserve could unduly weaken the economy in its campaign to defeat inflation.  As our investment strategies focus...