Flaherty & Crumrine is exclusively a firm working with preferred and income securities markets, for institutional clients as well as for the general public via CEFs. The link below gives an excellent representation of the current economic climate, irrespective of your investment portfolio. My only fixed income holdings are two floaters plus two preferreds, one being with this firm.
https://www.preferredincome.com/wp-content/uploads/2021/12/Econ-Outlook-Letter-2021-3-Funds.pdf
