Tom Graff

Recent Articles By The Author

What Trump's Team Means for Bonds

What Trump's Team Means for Bonds

What economic policy under the incoming administration could mean, and how to play it.

Fears of Foreigners Dumping Bonds Misplaced

Fears of Foreigners Dumping Bonds Misplaced

Any decline in Treasury holdings likely would reveal a classic rotation, not a loss of confidence.

Fischer Speech Is Positive for Bonds

Fischer Speech Is Positive for Bonds

Stanley Fischer's speech suggests low risk of inflation overshooting.

Capex Would Not Rise With Dodd-Frank Repeal

Capex Would Not Rise With Dodd-Frank Repeal

Companies already have access to cheap funding -- and aren't investing.

Capex Would Not Rise With Dodd-Frank Repeal

Capex Would Not Rise With Dodd-Frank Repeal

Companies already have access to cheap funding -- and aren't investing.

Buy Muni Bonds Now for the Yield

Buy Muni Bonds Now for the Yield

Lower marginal tax rates don't kill the value of tax-exempt bonds.

Be Careful With Bets on Interest Rate Moves

Be Careful With Bets on Interest Rate Moves

The market is very confidently and violently trying to price in a set of outcomes that aren't congruent.

Have a Game Plan Post-Election

Have a Game Plan Post-Election

Be prepared for volatility; make a plan and stick to it.

Jobs Report Details Offer a Surprise to the Upside

Jobs Report Details Offer a Surprise to the Upside

By far the most interesting part of this report is the big jump in wages.

FOMC Meeting: Less Than Meets the Eye

FOMC Meeting: Less Than Meets the Eye

The Fed set the bar low for this gathering and managed to meet all expectations.