Tom Graff is a fixed income strategist for Brown Advisory, an independent investment advisory firm in Baltimore, Md. Graff is also the manager of the Brown Advisory Tactical Bond Fund (BATBX), a long/short fixed income fund.Expand

Prior to joining Brown, Graff was a managing director and taxable fixed-income trader for Cavanaugh Capital Management in Baltimore. Graff earned a CFA charter in 2002.

The opinions expressed here are Graff's own and in no way the statements of Brown Advisory, and may or may not reflect the strategies being pursued for clients of Brown Advisory.

Graff welcomes your questions and can be reached at tomgraff@brownadvisory.com.Collapse

| May 16, 2012
| 2:58 PM EDT
Stocks are hovering around flat, but the credit market is trading very poorly. Bid-wanteds in cash are rolling in, especially in the go-go financial names....
Unfortunately, it seems a greater disaster is needed before Europe will consider going down that road.
The London Whale made two obvious mistakes that you could be making yourself.
The London Whale made two obvious mistakes that you could be making yourself.
After the elections, here are some possible scenarios and their effects on U.S. markets.

What About Interest Rates? Real Money Pro($)

The weak employment numbers could renew talk of QE.

Weather and Jobs Real Money Pro($)

How did the unseasonably warm winter across the U.S. distort the employment picture?
Although the Fed is seen as being more optimistic on the economy, its primary focus is inflation.

Expect QE Dodge From Bernanke Real Money Pro($)

The Fed chief likely won’t shed light here -- but I foresee an uptick in GDP and jobs forecasts.
Here is my take on where this approach gets it right and where it is wrong.

Columnist Conversation / Market Updates

| May 16, 2012
| 4:04 PM EDT
U.S. stocks again gave up early gains and finished Wednesday lower....
| May 16, 2012
| 2:58 PM EDT
Stocks are hovering around flat, but the credit market is trading very poorly. Bid-wanteds in cash are rolling in, especially in the go-go financial names....

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