The yield curve is the difference between yields (current interest rates) on ten-year U.S. treasury bonds as compared to two-year treasury bonds. Last year the yield curve inverted, meaning the yield on the shorter-maturity two-year bonds is higher than that for the longer bonds. This is an unusual situation since longer bonds – which are…
Read more
You may be familiar with the term “LIBOR.” It stands for the London Interbank Offering Rate, and had been used for decades by banks worldwide for interbank short-term lending and more popularly as the base rate in the U.S. for calculating the interest on a variety of personal loans. Well, it’s gone. As of July…
Read more
Harry Markowitz died last month. You probably didn’t hear about it in the traditional media sources. They tend to limit their obituaries to entertainment and sports stars, politicians, and other well-known personalities. Yet I contend that Markowitz has had a much greater impact on your life than practically any of those others. Markowitz was the…
Read more
For many years the only way to purchase cryptocurrencies such as Bitcoin has been through unregulated private exchanges. And investing in such digital assets has not been for the faint of heart. Aside from the extreme volatility of the assets themselves, the exchanges have suffered a number of high-profile failures. In 2022 alone Terraform, Celsius,…
Read more
After dropping below $800 million at the start of the coronavirus pandemic, the total aggregate credit card balance in the U.S. soared to nearly one trillion dollars as of the end of March this year, according to the Federal Reserve Bank of New York. That’s a new record high and does not bode well for…
Read more
How many times have you heard the phrase “This Time Is Different?” In the context of investing it usually means something fundamental has changed in the way capital markets operate. The implied consequence is that you can no longer rely on the way things worked in the past to make investment decisions about the future.…
Read more
Cognizant Wealth Advisors, LLC ("Cognizant"), dba Perigon Wealth Management, LLC (“Perigon”) is a registered investment advisor.
© 2024 - Cognizant Wealth Advisors
Recent Comments