The Fed Funds Rate has risen from practically zero to almost 5% as a result of central bankers’ mission to quell inflation and wring out excess liquidity. Speculators and borrowers dependent on nearly “free” money, have been left high and dry. The...
CrossingBridge Insights
CrossingBridge Insights is our opportunity to share our thoughts on interesting trends and data points through our Quarterly Commentaries, Market Observations, recent news, and random musings. We hope you enjoy and we welcome your feedback.
It’s the season when companies, investors and financial gurus look into their crystal balls to predict the economic and market path for the new year. During our morning coffee ritual, we were excited to read TheDailyMail.com headline: “A time for...
Please see the table for the 2022 Estimated Capital Gains for the CrossingBridge mutual funds and ETF. Please note that the figures in the table are estimates and are subject to change.
In 2022, stock and bond investors have been pummeled, losing money in both asset classes for three consecutive quarters, a first in at least 45 years. In previous letters, we have discussed our defensive stance...
The recently-enacted Inflation Reduction Act (IRA) includes a 1% excise tax on stock repurchases by corporations that takes effect in January 2023. The impact for SPACs remains subject to guidance from the US Treasury. We are monitoring the...
Currently, investors are caught in an economic “No Man’s Land” between the dangers of inflation and fears of recession as the Fed continues to raise interest rates. In the first half of 2022, U.S. equities and fixed income portfolios suffered some...
The song Locomotive Breath portrays a loss of control resulting from extreme, unanticipated events and the need to make the best of it as we go forward, which could describe today’s geopolitical and economic backdrop. In our 2021 year-end letter, we...
Government intervention often results in unintended consequences. Thomas Hoenig, former president of the Kansas City Federal Reserve Bank, in his just-published book, The Lords of Easy Money: How the Federal Reserve Broke the American Economy,...
Throughout history, pandemics have created structural changes: the fall of empires, the rise of Christianity, the collapse of economic systems, peace agreements among nations and societal introspection A Change is Gonna Come1 Throughout history,...
NEW YORK — Sept. 21, 2021 — CrossingBridge Advisors, LLC (“CrossingBridge”), an investment management firm specializing in ultra-short and low duration strategies, including special purpose acquisition companies (SPACs), today announced the launch...