The number of bulls is dwindling. In periods of extreme market volatility
such as we have experienced in recent weeks
In Part 2 of our Federal Reserve (Fed) rate hike playbook, we assess how
municipal bonds have fared during periods of Fed rate increases.
The start of fourth quarter earnings season may help the stock market
find its footing.
Once again, the precipitous decline in the value of the Chinese stock market
has spilled over to the broader global financial markets.
The Federal Reserve’s (Fed) first rate hike in nine years is officially history,
and a look back at prior interest rate hike periods may help bond investors
decide how to position portfolios for 2016 and beyond.