Articles authored by Barry Gilbert

We have received several questions about the potential market impact of Hamas’ brutal terrorist attack on Israel, the Israeli response, and the on-going aftermath. Thinking about these kinds of issues is our job, but we are also well aware that these considerations are trivial compared to the events themselves and the lives they impact. Looking …

Another quarter in the books, another quarter of losses for bonds. The Bloomberg US Aggregate Bond Index (“Agg”) fell 3.23%, which is the eighth worst quarter on record dating back to index inception in 1976. The index has now declined six of the last eight quarters with the two-year return -7.3% annualized. To be fair, …

The Fed’s policy arm, the Federal Open Market Committee (FOMC), meets on Tuesday and Wednesday and is widely expected to keep the fed funds target range unchanged at 5.25 – 5.50%. Since March, 2022 the Fed has raised rates at every meeting except the meeting before last in June. With the Fed raising rates as …