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Brochure Supplement Dominick Savo
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Brochure Supplement Joe Estes
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Fixed Income Portfolio (FIP)
FIP Program
Services, Fees and Compensation
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Back Dated Performance Reports
Quarterly Performance Reports
Total Asset Market (TAM)
TAM sm Program
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Sample Portfolio
Back Dated Performance Reports
Quarterly Performance Reports
Municipal Bonds
Taxable Bonds
Par, Premium, and Discount Bonds
Rating and Analyzing Bonds
Refunding & Pre-refunding
Bond Yields
Yield Curve
Secured Bonds
Mortgage Bonds
Unsecured Bonds
Debentures
Subordinated Debentures
Zero-Coupon Bonds
Convertible Bonds
High Yield Dividend Stocks
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Fees & Compensation
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Fees & Compensation
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Financial Planning
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Implementation
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Termination
Professional Alliance Network
Client Service Approach
Client's Responsibilities
Fees
Implementation
Legal Services
Termination
MUNICIPAL BONDS
Municipal Bond Presentation
About Us
The Management
Global Asset Allocation Products
FIP Program
Classifying Municipal Bonds
Revenue Bonds
Credit Factors Affecting General Obligation Bonds
Credit Factors Affecting the Quality of Local Municipal Bonds
Analyzing the Credit Quality of General Obligation Bonds
Analyzing the Credit Quality of Revenue Municipal Bonds
What We Normally Buy
What We Normally Don’t Buy
Municipal Bonds – Unique Asset Class
Default Rates
Yield Difference
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same-Day Allocation
TSL’s Turnkey Operation Platform
Classifying Municipal Bonds
Revenue Municipal Bonds
Types of Revenue Municipal Bonds
Industrial Development Revenue Bonds
Lease-back Bonds
Special Tax Bonds
NHA/PHA Bonds
Moral Obligation Bonds
Municipal Notes
TANs/RANs
BANs
CLNs/GANs
Variable Rate Bonds/Notes
Build America Bonds
Double-Barreled Bonds
Bond Index Components
Open-end-Closed-end-Indenture
Sinking Fund
Bond Contracts
Bond Indenture
Official Statement
Bond Issuance Process
Analyzing GO Bonds
Analyzing Revenue Bonds
Debt Ratios
General Price Analysis of Municipal Bonds
Liquidity
Interest Rate Risk
Credit Risk
Coupon Risk
Maturity Risk
Municipal Bond Insurance
Municipal Bonds Unique Asset Class
Default Rates
What We Buy Currently
What We Normally Don’t Buy
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same Day Allocation
Traditional Broker/Dealer Execution Flow
TSL's Turnkey Operation Platform
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Read FULL Seminar Here
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Updated: 8:00 PM EDT, Jul 31, 2026
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2022 Review: US Bond Market
↗
December 30, 2022
With one trading day left in 2022, the US bond market is set to record a deep loss for the year.
Via
Talk Markets
Desperately Seeking Yield - Tuesday, Dec. 20
↗
December 20, 2022
Markets continue to fall and trailing yields continue to rise. The inverse relationship, in theory, presents yield-hungry investors with enhanced opportunity.
Via
Talk Markets
US Bonds Rose Last Week As Risk-Off Sentiment Strengthened
↗
December 19, 2022
Most of the major asset classes suffered last week as markets reassessed the risk of ongoing hikes in interest rates and elevated recession risk.
Via
Talk Markets
COT Bonds Speculators Weekly Changes Led By Eurodollar & 2-Year Bonds
↗
December 18, 2022
The COT bond market speculator bets were higher this week as five out of the eight bond markets we cover had higher positioning while the other three markets had lower speculator contracts.
Via
Talk Markets
The Recent Short-Term Downtrend Continues
↗
December 18, 2022
There was a bit of buying in the market on Tuesday and Wednesday, but then a flood of selling was seen on Thursday and Friday. So, the short-term downtrend that started on Dec. 6 seems set to...
Via
Talk Markets
Inflation And Growth Worries Weighed On Markets Last Week
↗
December 12, 2022
Nearly all components of the major asset classes fell last week, based on a set of proxy ETFs. Real estate shares ex-US were the exception.
Via
Talk Markets
COT Bonds Speculators Drop 5-Year Treasury Bets To 215-Week Low
↗
December 11, 2022
The COT bond market speculator bets were lower this week as just two out of the eight bond markets we cover had higher positioning this week while six markets had lower contracts.
Via
Talk Markets
A Short-Term Downtrend Started On Weak Volume
↗
December 11, 2022
Volume has been weak so far in December, and with the holiday approaching, it is likely to remain weak. With such low volume, there is very little enthusiasm to buy stocks, but there's also very little...
Via
Talk Markets
Semis & Banks Offer Opposing Views – Home Heating Oil Update
↗
December 07, 2022
The stock market is supposed to put in its final low for the year next week or by the middle of the following week and then rally into January. That’s what historical trends say, but not all years...
Via
Talk Markets
COT Bonds Speculators Trim Their Eurodollar Bearish Bets
↗
December 04, 2022
The COT bond market speculator bets were mixed this week as four out of the eight bond markets we cover had higher positioning this week while the other four markets had lower contracts.
Via
Talk Markets
Stock Market Commentary: Headline Charts
↗
December 03, 2022
The SPX has moved up to its downtrend line, and this is where you have to watch carefully for signs of market weakness. The VIX is indicating it's time for short-term caution.The medium-term trend is...
Via
Talk Markets
U.S. Weekly FundFlows: Exchange-Traded Equity Funds Report First Weekly Outflow In Over Two Months
↗
December 02, 2022
During fund-flow week ended November 30, 2022, investors were overall net redeemers of fund assets for the first week in three, removing a net $4.7 billion.
Via
Talk Markets
Stocks In Developed Markets Ex-US Roared Higher Last Week
↗
November 28, 2022
This year’s selling looked excessive in developed-market shares ex-US and so the crowd continued to snap up stocks in this bucket during last week.
Via
Talk Markets
The Fed is Not Here to Help You Make Risky Bets
↗
November 27, 2022
The odds of speculative bets succeeding are far from guaranteed, and the Fed won’t be there to bail out any losses if things go wrong, and if they do, they’ll need to print more money.
Via
Talk Markets
The Best Time To Buy Stocks In The Short-Term Has Passed
↗
November 27, 2022
Looking at the short-term trend, the rally that started mid-October continues to chop and stair-step higher. So, even though it is a favorable seasonal period for stock prices, the best time to buy...
Via
Talk Markets
Inflation-Indexed Bonds Ex-US Led Global Markets Last Week
↗
November 21, 2022
As markets continue to grapple with various macro risks, government bonds indexed to inflation ex-US extended their recent rally and posted the strongest gain last week for the major asset classes,...
Via
Talk Markets
Bonds Speculator’s Bearish Bets Surge To Push 2-Year Bond Positions To Record Low
↗
November 20, 2022
The COT bond market speculator bets were lower overall this week as just two out of the eight bond markets we cover had higher positioning this week while six other markets had lower contracts.
Via
Talk Markets
Are New Market Trends Forming Before Our Eyes?
↗
November 19, 2022
The stock market received a second better-than-expected read on inflation this week. Interest rates have pulled back, so where do the trends stand?
Via
Talk Markets
The Short-Term Uptrend Continues Despite Uncertainty
↗
November 19, 2022
The short-term uptrend appears set to continue, although it has been looking wobbly. The PMO has turned down, but it doesn't seem quite ready to move much lower yet.
Via
Talk Markets
Five Most-Loved ETFs Of Last Week
↗
November 15, 2022
Last week, ETFs pulled in $31.5 billion in the capital, pushing year-to-date inflows to $531.3 billion.
Via
Talk Markets
Real Estate Ex-US Led Ongoing Rebound In Markets Last Week
↗
November 14, 2022
Vanguard Global ex-US Real Estate led last week’s rallies by surging 8.1%. Despite the powerful gain, the ETF still reflects a deeply bearish trend and so it’s unclear if the latest bounce marks a...
Via
Talk Markets
COT Bonds Speculators Drop Their 2-Year Bond Bets To Record Low Level
↗
November 06, 2022
The COT bond market speculator bets were lower across the board this week as all eight of the bond markets we cover had lower positioning this week.
Via
Talk Markets
How To Navigate The Bear Market And Get Through To The Other Side
↗
November 05, 2022
What is the proper interpretation of current Fed policy? Why did Powell’s press conference seem to contradict the Fed policy statement? Did Powell go off script again?
Via
Talk Markets
November Total Return Forecasts: Major Asset Classes
↗
November 02, 2022
Expected long-run returns for most of the major asset classes continue to look relatively attractive after this year’s market declines.
Via
Talk Markets
Most Global Markets Extend Rebound For Second Week
↗
October 31, 2022
For a second week in a row, the major asset classes rallied, with a notable exception: stocks in emerging markets. Otherwise, risk assets continued to recover in the trading week through Friday, Oct....
Via
Talk Markets
What Has Changed In The Stock Market - Everything, Or Nothing?
↗
October 29, 2022
How much evidence do we have that THE low is in place vs A low? Stock trends remain weak; here's what the weight of the evidence shows.
Via
Talk Markets
Junk Bonds Reversal Would Be Bullish For Stocks!
↗
October 28, 2022
With yields trading at elevated levels and stocks trading at depressed levels, it makes sense that junk bonds are not faring well this year.
Via
Talk Markets
The Fate Of The Q4 Rally
↗
October 24, 2022
This headline-sensitive risk-on rally is trying to front-run the Fed without evidence that the Fed is actually at least pausing.
Via
Talk Markets
The Short-Term Downtrend Continues Amid Market Turmoil
↗
October 16, 2022
The short-term downtrend continues. It looked like the start of a rally on Thursday, but Friday's selling wrong-footed the buyers. The PMO has risen a bit during the market turmoil, so we know there...
Via
Talk Markets
Bonds Speculators Add To 2-Year Treasury Bonds Bearish Bets
↗
October 15, 2022
Leading the weekly gains for the bond market was the 10-Year Bond (26,709 contracts) with the Ultra US Bond (26,591 contracts), the Long US Bond (19,731 contracts), the Fed Funds (7,692 contracts) and...
Via
Talk Markets
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