City Different Investments

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from the City Different Investments team.

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Market Insights (4)

Remember, Remember, the Third of November

Remember, Remember, the Third of November

On November 3, the Federal Reserve Bank announced it will begin tapering bond purchases later this month – reducing monthly Treasury purchases by $10B and mortgage-backed securities by $5B. While the news may spark a few fireworks in the media, it represents merely the first of what may be many well-telegraphed Fed moves to pull back on its...

Nov 4, 2021

On November 3, the Federal Reserve Bank announced it will begin tapering bond purchases later this month – reducing monthly Treasury purchases by

Continue Reading
Inflation Prep: 4 Steps That Fixed Income Investors Can Take Now

Inflation Prep: 4 Steps That Fixed Income Investors Can Take Now

It’s probably time to worry about inflation for real. But as someone who’s run two bond desks (Thornburg and Vanguard) through thick and thin, and currently manages muni and other fixed income SMA strategies for City Different Investments, I don’t think it’s time for investors to abandon fixed income. 

Oct 28, 2021

It’s probably time to worry about inflation for real. But as someone who’s run two bond desks (Thornburg and Vanguard) through thick and thin, and

Continue Reading
There’s More to Muni Bonds Than Taxes

There’s More to Muni Bonds Than Taxes

Municipal bond investors are spending a lot of time talking about taxes. They worry the Manchin and Sanders wings in Congress will finally reach a compromise on the infrastructure and reconciliation bills, sending taxes higher. Others still hope tight majorities and an even tighter legislative calendar will scuttle the whole program.

Oct 14, 2021

Municipal bond investors are spending a lot of time talking about taxes. They worry the Manchin and Sanders wings in Congress will finally reach a

Continue Reading
Meet Chris Ryon and Sweta Singh

Meet Chris Ryon and Sweta Singh

Meet the Team City Different is an investment firm led by investment managers. We’re passionate about what we do, and started our own firm so we could pursue our best ideas wherever they may lead. Meet two of our co-founders—Chris Ryon and Sweta Singh, Thornburg muni debt vets, portfolio managers of our fixed income and municipal bond strategies,...

Oct 7, 2021

Meet the Team City Different is an investment firm led by investment managers. We’re passionate about what we do, and started our own firm so we

Continue Reading
Welcome to the City Different Investments Blog

Welcome to the City Different Investments Blog

Welcome to the City Different Investments blog. The City Different blog is, well, different. It’s not a sales pitch for our firm. Instead, it’s a place to share some of the insights and observations that guide our own investment decisions.  

Oct 6, 2021

Welcome to the City Different Investments blog. The City Different blog is, well, different. It’s not a sales pitch for our firm. Instead, it’s a

Continue Reading
A View from the City Different Bond Desk

A View from the City Different Bond Desk

Based on historical measures, tax exempt municipal bonds are rich to just about every other fixed income asset class! The three examples below illustrate how tax exempt municipal bond yields compare to taxable alternatives. Proof: (All Data as of 4/23/2021)

Apr 16, 2021

Based on historical measures, tax exempt municipal bonds are rich to just about every other fixed income asset class! The three examples below

Continue Reading
Should We Be Worried About Inflation?

Should We Be Worried About Inflation?

Preparing your Fixed Income Portfolio for Inflation Should investors worry about inflation? We believe so. Does that mean investors should abandon the fixed income markets? No. A balanced portfolio made up of stocks and bonds has proven to be beneficial to investors over time. How should an investor manage their fixed income portfolio? Don’t panic. We...

Feb 17, 2021

Preparing your Fixed Income Portfolio for Inflation Should investors worry about inflation? We believe so. Does that mean investors should abandon the

Continue Reading

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Posts about

Market Insights (4)

Remember, Remember, the Third of November

Remember, Remember, the Third of November

On November 3, the Federal Reserve Bank announced it will begin tapering bond purchases later this month – reducing monthly Treasury purchases by $10B and mortgage-backed securities by $5B. While the news may spark a few fireworks in the media, it represents merely the first of what may be many well-telegraphed Fed moves to pull back on its...

Nov 4, 2021 Written by: Chris Ryon

On November 3, the Federal Reserve Bank announced it will begin tapering bond purchases later this month – reducing monthly Treasury purchases by

Continue Reading
Inflation Prep: 4 Steps That Fixed Income Investors Can Take Now

Inflation Prep: 4 Steps That Fixed Income Investors Can Take Now

It’s probably time to worry about inflation for real. But as someone who’s run two bond desks (Thornburg and Vanguard) through thick and thin, and currently manages muni and other fixed income SMA strategies for City Different Investments, I don’t think it’s time for investors to abandon fixed income. 

Oct 28, 2021 Written by: Chris Ryon

It’s probably time to worry about inflation for real. But as someone who’s run two bond desks (Thornburg and Vanguard) through thick and thin, and

Continue Reading
There’s More to Muni Bonds Than Taxes

There’s More to Muni Bonds Than Taxes

Municipal bond investors are spending a lot of time talking about taxes. They worry the Manchin and Sanders wings in Congress will finally reach a compromise on the infrastructure and reconciliation bills, sending taxes higher. Others still hope tight majorities and an even tighter legislative calendar will scuttle the whole program.

Oct 14, 2021 Written by: Chris Ryon

Municipal bond investors are spending a lot of time talking about taxes. They worry the Manchin and Sanders wings in Congress will finally reach a

Continue Reading
Meet Chris Ryon and Sweta Singh

Meet Chris Ryon and Sweta Singh

Meet the Team City Different is an investment firm led by investment managers. We’re passionate about what we do, and started our own firm so we could pursue our best ideas wherever they may lead. Meet two of our co-founders—Chris Ryon and Sweta Singh, Thornburg muni debt vets, portfolio managers of our fixed income and municipal bond strategies,...

Oct 7, 2021 Written by: City Different Investments

Meet the Team City Different is an investment firm led by investment managers. We’re passionate about what we do, and started our own firm so we

Continue Reading
Welcome to the City Different Investments Blog

Welcome to the City Different Investments Blog

Welcome to the City Different Investments blog. The City Different blog is, well, different. It’s not a sales pitch for our firm. Instead, it’s a place to share some of the insights and observations that guide our own investment decisions.  

Oct 6, 2021 Written by: City Different Investments

Welcome to the City Different Investments blog. The City Different blog is, well, different. It’s not a sales pitch for our firm. Instead, it’s a

Continue Reading
A View from the City Different Bond Desk

A View from the City Different Bond Desk

Based on historical measures, tax exempt municipal bonds are rich to just about every other fixed income asset class! The three examples below illustrate how tax exempt municipal bond yields compare to taxable alternatives. Proof: (All Data as of 4/23/2021)

Apr 16, 2021 Written by: Chris Ryon

Based on historical measures, tax exempt municipal bonds are rich to just about every other fixed income asset class! The three examples below

Continue Reading
Should We Be Worried About Inflation?

Should We Be Worried About Inflation?

Preparing your Fixed Income Portfolio for Inflation Should investors worry about inflation? We believe so. Does that mean investors should abandon the fixed income markets? No. A balanced portfolio made up of stocks and bonds has proven to be beneficial to investors over time. How should an investor manage their fixed income portfolio? Don’t panic. We...

Feb 17, 2021 Written by: Chris Ryon

Preparing your Fixed Income Portfolio for Inflation Should investors worry about inflation? We believe so. Does that mean investors should abandon the

Continue Reading

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