Three Key Questions Facing the Muni Bond Market

Published on February 20, 2026

Municipal bonds have posted strong performance so far this year, despite a news cycle that has many investors questioning the path forward.

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Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich

February 20, 2026
It’s a short week for traders and portfolio managers, but a long one for those dissecting macro data points. FOMC Minutes hits before a slew of mid-tier economic updates on Thursday. Friday morning could be the big reveal, with growth and inflation numbers followed by bellwether business and consumer surveys.

2025 Year-End Letter: Quality Strategy

February 20, 2026
With another year of market ebullience behind us, January seems a good time to take stock and share our thoughts on the portfolio for the years ahead.