Archive for September, 2016

August 2016 – Monthly Commentary

September 15, 2016  |   Monthly Commentary   |     |   0 Comment

August 2016 With the Federal Open Market Committee scheduled to meet on September 21st, investors find themselves debating, yet again, whether or not the Fed will raise short term interest rates.  Recall, we were in a similar situation exactly one year ago.  Chair Yellen’s comments at last month’s Jackson Hole, Wyoming gathering of Central Bankers were interpreted as being mildly hawkish just as they were last summer, and the markets reacted accordingly. The yield-to-maturity of the 30-year ...

Mike Kastner on CNBC – 09/09/16

September 12, 2016  |   In the News   |     |   0 Comment

Michael Kastner, Halyard Asset Management, and Kathleen Gaffney, Eaton Vanceshares, share their take on bonds and interest rates following Doubleline Jeff Gundlach saying it's time to be defensive on bonds. Is it time to be defensive on bonds?