Each week, the Selection & Opinion includes Value Line’s Economic and Stock Market Commentary, which is composed by Harvey S. Katz, CFA. Mr. Katz is our Chief Economist and Managing Editor. The economic commentary provides readers with the latest hard facts on the state of the domestic and global economy, as well as our thoughts on the stock market’s current and future prospects. Recent and upcoming economic and corporate reports are also discussed in this section. Further on in the S&O, Value Line provides the Selected Yields of a variety of fixed-income securities. For instance, we provide data on Bank CDs, U.S. Treasuries, Corporate Bonds, and other taxable securities. On the tax-exempt front, information on Bond Buyer Indexes and General Obligation Bonds, among other statistics are displayed. Also included are key Federal Reserve Data, such as Bank Reserves and the Money Supply. Plus for those individuals that want more direct guidance in regard to stock selections, the S&O contains four Model Portfolios, each one with a specific investment objective. The portfolios are actively managed, updated each week, and always contain 20 equities each.