Author: Jenny Lee
Bank of America Says Trump Executive Orders May Have Limited Economic Impact
August 10, 2020 – In a research report issued by Bank of America’s Global Economics Team, analysts noted that the…
Low-Risk Taxable Munis Outperformed Agency and Corporate IG Debt in 1H2020
July 8, 2020 – Data by JP Morgan and Bloomberg found that taxable municipal bonds returned 8.5% in the first…
Were U.S. Lockdowns For Nothing? J.P. Morgan Suggests The Answer May Be “Yes”.
May 21, 2020 – In a report issued yesterday, J.P. Morgan suggested lockdown policies in the U.S. may not have…
Fitch Revised New York State “Outlook” to “Negative”. Says State May Need To Tap $10B Short-Term Liquidity.
April 11, 2020 – Fitch Ratings revised its outlook on New York State from “Stable” to “Negative” on Friday. This…
Bank of America Muni Recap for 2019: It Was A Rather Great Year
January 3, 2020 – In a report issued this morning by BofA Securities (“BAS”), analysts Yingchen Li and Ian Rogow…
GS/MS: Yesterday’s Fed Cut May Be Final Cut For A While
October 31, 2019 – Two major dealers – Goldman Sachs and Morgan Stanley – issued reports concluding yesterday’s FOMC 25bp…
Landmark “Janus” Ruling Hasn’t Erode Union Power, Yet.
July 12, 2019 – Despite the landmark Supreme Court Janus ruling that non-union governmental workers may not be required to…
Why The Best Performing Funds May Not Be Distributed Through Your Brokerage House
July 9, 2019 – In a recent report, Barron’s highlighted the “pay-to-play” arrangement involving large brokerage houses like Morgan Stanley,…
Just How Much Of A Rainy Day Reserve Does NYC Need?
According to the Citizen’s Budget Commission (CBC) – a nonpartisan think-thank – a whopping 17% of tax revenues, which would…
[Bloomberg] Muni Market’s $14 Billion Calendar Hints at Year’s Busiest Month
Bloomberg reported that state and local governments are scheduled to issue $14 billion in municipal bonds over the next 30…