MARKET COMMENTARY

2019

Preferred Stock Update

The rally on the long end of the Treasury curve during the month of August has been staggering.

Midstream MLP Sector Update

The entire energy sector is being dragged down by concerns over a slowdown in global growth.

2018

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.