Any day now, if not already, virtually all clients will be receiving small checks in your mail regarding a refund of advisory fees related to holding shares in the PIMCO All Asset All Authority Fund, during the period of April 2011 to November 2017. We owned this fund in almost all client accounts until we […]

A year ago at this time, the yield on the 10-year Treasury Note was 3.14%, and one was actually earning about 2.2% on money market funds at brokerage firms that were competitive. This ushered in a near -20% drop in the S&P 500 Index during last year’s fourth quarter, as Mr. Market responded by saying, […]