In this section, we provide our latest research about the investment environment.  We focus on analyzing current investment topics and suggesting strategies designed to produce positive investment returns over extended periods through the purchase and holding of long-term investments.  Feel free to read our views and send us your opinion.

Latest Research:
We have produced an analysis of the high yield bond market. It shows that the market is likely to return 0% to 5% returns for the next 2 to 3 years. We have also discussed the potential downside if corporate profits decline.

Previous Research:
The direction of long-term Treasury interest rates is currently a hot topic. Everything from conundrums to uncertainties are discussed in the press. This short paper provides a concise analysis of current interest rate market conditions. For 2006, Piscataqua Research believes that long-term interest rates bottomed at the beginning of the year and will gradually increase through the year. From a longer perspective, it appears that the new long-term trend is also up.

Long-Term Interest Rate.pdf

This paper provides a concise analysis of interest rate market conditions. For 2006, Piscataqua Research believes that long-term interest rates bottomed at the beginning of the year and will gradually increase through the year.

PE Ratio .pdf

This paper was produced in February, 2005 and discusses the causes and nature of the carry trade.

The Carry Trade.pdf