Personal Consumption Expenditures (PCE) inflation update

This morning (6/1/09) the Bureau of Economic Analysis (BEA) released the April Personal Income report. Below is a 5 year chart of the headline and core PCE inflation rate. In April, the headline rate fell to +0.44% year-over-year and the core rate rose to +1.89% year-over-year. One thing is very obvious from this chart – [...]

June 2009 edition of the Brinker Fixed Income Advisor is online

The June 2009 edition of the Brinker Fixed Income Advisor is online at www.BrinkerAdvisor.com. This month we review some of our favorite credit market indicators, provide our views on which fixed income securities are likely to outperform, and make a change to our model portfolios.