Archive for January, 2016

December 2015 – Monthly Commentary

January 14, 2016  |   Monthly Commentary   |     |   0 Comment

December 2015 As we expected, December was a tumultuous month for the capital markets. The FOMC finally raised interest rates and in the days following the move there were three obvious outcomes. First, the Fed was successful in raising the Fed Funds rate. We’ve written in the past about our concern over the committee’s ability to move interest rates higher given the enormous amount of liquidity in the system. They were able ...