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F*%k You. Pay Me.

There is a great scene in Martin Scorsese’s 1990 masterpiece Goodfellas that perfectly describes the municipal bond market...

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Under Pressure

We are in the middle of a market panic. The virus has ripped through the fabric of markets and society with a ferocity that very few of us saw coming. I was dead wrong about the severity of the effect that the virus would have on markets...

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Thoughts on Bonds

I've gotten a lot of questions lately about my call on bonds being overvalued and how to action this. Here are my thoughts...

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The "i" Word

The trade in equity markets to start the week has been pretty awful. The Dow is down around 2,000 points and everyone seems to think that the world is imploding due to the unchecked spread of coronavirus...

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