Johnson Bank Wealth Weekly Investment Commentary | Monday, December 19
The Predictable & Unpredictable Reactions to the Fed Rate Hike
This time of year brings about a sense of optimism on Main Street. We eat, shop and engage in all sorts of holiday merriment. We see our children as angels, long lines are tolerated with a smile and we are generally more kind to our fellow man. Wall Street tends to be optimistic this time of year, too. With a vacuum of major economic and company related news around the holidays, the focus of investors turns to the coming year and the good things that seem just over the horizon...
Bond investors are feeling a little shell-shocked after the rise in interest rates in November. Yields across all sectors of the bond market rose and bond prices declined. As an example, 10-year Treasury yields rose over 29% from 1.84% to
4’3” A New Record!
My 9 year old son has recently become obsessed with how tall he is and how much he weighs. He feels like he isn't growing fast enough. When measured this weekend, he noted his height (4’3”) and said “a