news

Beware the Ides of March

Yesterday’s Federal Open Market Committee meeting concluded with no change.  Or did it?  While the committee voted 11 to 1...
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news

Iran War: What to Watch

You don’t need extensive data analysis to know that the Iran War has become the force behind every tick in...
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news

Iran and Interest Rates

What impact will the Iran war have on short-term markets? The headlines have been all about oil prices. They are...
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news

Calm or Complacent: Short Term Markets Are Uncertain

You might think that the recent news on the economy would lead to big market moves. Tariffs—on, off or ....
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news

Banks vs. LGIPs: The Saga Continues

Banks don’t like local government investment pools. Except for those  banks that provide investment management, payment services, custody, or brokerage...
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news

Move to Expand Deposit Insurance Gains Momentum

A proposal to increase federal bank deposit insurance to $10 million on non-interest-bearing transaction accounts in community and regional banks...
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news

Where Next? A Review of Recent Investment Performance

Short/intermediate term fixed income portfolios have had strong returns recently. For the past 18 months or so as the Federal...
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news

Sell America, Buy Gold

That’s a headline that is bound to grab eyeballs, but is there truth to it? And if so, what does...
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research

LGIP Disclosure and Transparency: What Investors Are Missing

Last November we released results of our annual survey of local government investment pools, which covered 161 pools with nearly...
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news

How Trump’s $200 Billion Mortgage Purchase Order May Affect Public Funds Investors; LGIPs: New Pools and Manager Changes

I try to limit Beyond the News to single issues but this week we’re covering two that I think are...
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news

Recap of 2025: The Benefit, and Limits, of Hindsight

Hindsight is (usually) 20:20. With that in mind here’s a recap of how public funds investment strategies performed in 2025....
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