Rates Steady, Inflation Signals Persist
The Federal Open Market Committee (FOMC) held the federal funds rate at 3.50% to 3.75% on April 29, an outcome
WHITEPAPER: New Ethics Training Rules (SB 827)
With evolving regulations like California’s SB 827 ethics training rules, it’s important for public officials and finance professionals to understand
April 2026 Monthly Bond Market Review
Recent economic data point to moderating growth alongside rising inflation pressures, as the U.S.-Israeli military campaign against Iran that began
Geopolitics Shape Markets, Fed Watch
Geopolitical headlines continue to materially impact market sentiment, and the latest news flow has been constructive. Israel and Lebanon agreed
War, Inflation, and Markets Collide
Market volatility this week was driven by updates on the war with Iran along with key data releases providing some
WHITE PAPER: Understanding Repurchase Agreements
Local government investment pools (LGIPs) are one of the most common investment products utilized by state and local governments nationwide.
March 2026 Monthly Bond Market Review
February economic data continued to reflect the measured disinflationary progression that has characterized conditions throughout the post-pandemic normalization cycle, with
Tensions in Middle East Intensify Market Volatility
This week, escalating geopolitical tensions in the Middle East further intensified volatility across global capital markets. The conflict with Iran
WHITEPAPER: Why Real Estate Drives California’s Fiscal Health
It has been stated time and again: Buying a home is the single largest investment most people make; home ownership
The Conference Board’s Leading Economic Index (LEI) jumped 1.6% month-over-month in April (stronger than the 1.2% consensus forecast), following a 1.3% increase in March. On a year-over-year basis, the LEI was up 17.0% in April against a severe decline in the index in April last year. The LEI has now fully recovered and surpassed its previous prepandemic peak in January 2020. According to the Conference Board, the index suggests that economic growth may accelerate in the near term.