Wednesday, October 29, 2014 | Joe Alfonso, GoLocalPDX Contributor It’s been interesting to follow the recent handwringing in the financial press about Bill Gross, the bond fund manager, and his abrupt departure from the investment firm, PIMCO. For those of...
January 25, 2013|Joe Light, The Wall Street Journal For the past five years, the Federal Reserve has pushed down the interest rates on traditionally safe assets such as Treasury bonds to near record lows, in hopes of sparking the economy....
Pundits have been predicting the rise of inflation for some time now, arguing that interest rates are so low that “they have nowhere to go but up.” The reality, however, has been the opposite and real interest rates have reflected...
A version of this letter was originally sent on July 24, 2011 Dear Clients, I am sure that you have been following with concern the political drama unfolding in Washington around the issue of raising our nation’s debt ceiling. At...