Preferred Stock Update
The rally on the long end of the Treasury curve during the month of August has been staggering.
MLP Market Environment
Stocks have been hovering near correction territory since late October, driven by comments from Fed Chair Jerome Powell, and fears of a China economic slowdown related to current and pending tariffs.
MLP Quarterly Update
At the end of the second quarter, the MLP Index had a year-to-date total return of 17.7% while energy stocks were up 3.3%, oil prices were up 24.6% and the S&P was up 18.5%.