Summary: Munis are not on sale this summer as the overall supply / demand technical imbalance wrestles yields lower. Yields for Illinois, Connecticut and New Jersey not getting the love.
Summary: JR’s analysis of fund flows for June 2019 show significant changes.
Date of publication: June 28, 2019
Summary: To date, June 2019 ETF fund flows show a shift from extreme short end to intermediate treasury bonds and a shift back to incremental yield asset classes like investment grade corporate bonds. Out of favor are floating rate products as the Fed’s potential actions impact floating rate bonds negatively.
Summary: JR reveals his strategy for finding higher yields in the investment grade municipal bond market.
Date of podcast: June 19, 2019
Summary: Within munis, JR shifts focus from investment grade munis towards high yield munis as we enter Q3 2019.
Summary: JR stands pat on the high yield ETF model portfolio allocations for the 3rd quarter of 2019. Muni allocation remain 60% v. 40% allocation toward corporate junk bonds.
Summary: High grade municipal bonds remain expensive relative to other options. JR dives into the data.
Summary: JR is interviewed by AssetTV on the state of the muni bond market.
Date of production: June, 2019
Summary: JR weighs in on local currency emerging market bond funds.
Publication: Yahoo Finance
Date of publication: May 6, 2019
Summary: Munis are rich, what now? JR addresses tactical actions to consider in this risk off environment.
Date of publication: May 24, 2019