The current climate in the municipal bond market appears deceptively calm as it grapples with rising U.S. Treasury yields and a dip in equities. While the municipal bond sector, or “munis,” remains relatively steady, this calm could be misleading given the underlying currents of volatility and uncertainty. With the two-year muni-UST ratios sitting at 70%
The ascent of the United States as the bastion of wealth creation is nothing short of staggering. With more than a third of global millionaires calling America home, this phenomenon reveals both an economic miracle and a stark illustration of inequality. The recent report from Henley & Partners and New World Wealth underscores a dramatic
For anyone trying to make sense of the fiscal landscape in Washington D.C., the recently announced budget for fiscal year 2026 raises more eyebrows than applause. Mayor Muriel Bowser proudly declared her $21.8 billion blueprint a balanced venture, a proclamation that raises serious questions about transparency and the underlying realities of governance in our nation’s
In a move that has not only sent shockwaves through the financial sector but revitalized the conversation about technology’s role in government oversight, Fannie Mae’s recent partnership with Palantir marks a significant shift in the approach to detecting mortgage fraud. This collaboration is a bold step toward leveraging advanced technologies to foster more efficient, proactive
As the technology sector reclaims its footing within a rebounding market, Adobe Inc. (ADBE) emerges as a formidable contender. This isn’t merely a momentary spike; it reflects the company’s inherent strengths and strategic positioning in a landscape increasingly dominated by demands for digital creativity and innovation. Fund managers, small investors, and tech enthusiasts alike should
As California braces for yet another legal clash with the Trump administration, many citizens find themselves in a state of concern and anger. This comes as state officials prepare to sue the federal government over legislation that seeks to dismantle California’s stringent vehicle emission standards. With the stakes as high as they are—public health, environmental
In the world of finance, investors are frequently lured by the promise of security and stability offered by what appear to be wholesome investments. This is distinctly true in the realm of municipal bonds, particularly the dominant 5% callable bonds that have ruled the market for years. On the surface, these bonds offer an enticing
For over fifty years, Southwest Airlines has been synonymous with customer-friendly policies, distinguished mainly by its generous offer of allowing two checked bags free of charge. This unique feature not only set it apart from its competitors but also became a cornerstone of its brand identity. However, in an alarming shift, Southwest is set to
The recent announcement that Warren Buffett will not take the stage at Berkshire Hathaway’s annual meeting next year marks the beginning of an inevitable transition for the investment giant. As the 95-year-old mogul prepares to step down as CEO by the end of 2025, many in the finance world are bracing themselves for a future
In the evolving landscape of wealth management, family offices are taking center stage, becoming a powerful force for financial innovation and social impact. Billionaire entrepreneurs, who have built substantial fortunes in consumer-packaged goods, are diversifying their portfolios beyond traditional investments. The transformation is notable as these wealthy individuals—like Daniel Lubetzky, founder of Kind Snacks—shift their
