Bonds Are Back and Yields Are Higher

Bonds Are Back and Yields Are Higher

Dear Friends, Last year’s bond performance was very disappointing, but at the same time, it was the result of required action by the Federal Reserve to bring inflation down. The culprit for the chaos in both stocks and bonds last year was the Fed’s aggressive rate...

The Federal Reserve’s Great Balancing Act

Lately, there has been significant media coverage about the sharp rise in inflation after the latest data released by the U.S. Bureau of Labor Statistics (BLS) showed that the Consumer Price Index (CPI), which measures the change in prices paid by consumers for goods...
A Message From The President

A Message From The President

Dear Friends, As we approach the end of 2020 and the upcoming holiday season, your advocates at the Legacy Foundation would like to extend our heartfelt gratitude for your trust and confidence in our ability to guide you through the financial challenges and the life...