By James L. Iselin Technical factors and market volatility are creating a value opportunity in the U.S. municipal market. Today’s CIO Weekly Perspectives comes from guest contributor James L. Iselin, Head of Municipal Fixed Income. The summer months are typically a quieter, more predictable time in the municipal fixed income…

Travelers, be warned: The federal government may revoke your passport if you ignore a big tax bill.Such punishments have become more frequent in recent years, experts said.Federal law requires the IRS and Treasury Department to notify the State Department if an American has a “seriously delinquent tax debt.”This is a…

Annie, 39, and her husband, Emery, 43, earn a healthy $223,200 together.On paper, they seem to be living well. They own their home as well as two rental properties, have over $236,000 invested and recently traveled to Lisbon, Portugal, to see Taylor Swift, they told self-made millionaire and money expert…

Long/short strategies have had a hard time the last decade in general. Being long-only and having full exposure to the S&P 500 has clearly been the winning trade. But that’s not to say that the next 10 years couldn’t be different. I actually think there’s a lot of opportunity in…

An Italian prosecutor has opened a manslaughter investigation into the deaths of British tech magnate Mike Lynch and six other people who were killed when a luxury yacht sank off Sicily this week.The public prosecutor’s office of Termini Imerese, headed by Ambrogio Cartosio, announced the investigation, saying the probe was not aimed…

Lawmakers want to crack down on “junk fees,” but restaurants are trying to stay out of the fight.Surcharges or fees covering everything from credit card processing to gratuities to “inflation” have become more popular on restaurant checks in recent years.Last year, 15% of restaurant owners added surcharges or fees to…

I last covered AT&T stock (NYSE:T) back in late May and rated it a hold at the time, as I observed that the company’s Q1 results showed it making solid progress, particularly with its free cash flow generation and debt reduction. However, I remained neutral on the stock due to…

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell delivers his keynote speech Friday morning at the central bank’s annual retreat in Jackson Hole, Wyoming.Breaking: Fed Chair Powell indicates interest…

My top 10 things to watch Friday, Aug. 23 1. Wall Street is tracking for a solidly higher open Friday ahead of Federal Reserve Chair Jerome Powell’s closely anticipated speech from Jackson Hole at 10 a.m. ET. The major averages struggled in Thursday’s session, with the Nasdaq losing 1.7% and…

The yen has been a relatively popular topic of discussion lately. Much is being said about the yen carry trade (where firms borrow money at near-zero rates in Japan and invest it into higher rate markets) which is estimated at $4 trillion. The magnitude of this carry trade means that…