Author: Jumanne Johnson
Breaking: S&P Downgraded All U.S. Public Finance Sectors to “Negative” Outlook
April 1, 2020 – No, it’s not an April Fool’s joke! In what is believed to be an unprecedented rating…
PIMCO: Munis Outperformed in January Even As Secondary Activity Was Muted
February 13, 2020 – In its monthly municipal market review published today, PIMCO noted the Bloomberg Barclays Municipal Bond Index…
Citi: Muni Fund Flows and Issuance Exhibit Strong Start In the First Full Week of 2020
January 14, 2020 – Municipal bond funds reported inflows of $2.9 billion for the week ending January 8, according to…
Regulator Rebukes Wells Fargo (Again!). Bank Fired and Blacklisted Thousands of Low-Level Employees
December 4, 2019 – In an exclusive, the Wall Street Journal reported that the Office of the Comptroller of the…
NYC Cash Balance Declined 25% in FY19; Lowest Year End Cash Balance Since 2013
September 9, 2019 – In its Quarterly Cash Report issue today, NYC Comptroller Scott Stringer’s Office reported that the City’s…
Goldman: U.S. Housing To Improve Despite Headwinds
August 26, 2019 – In a research note issued yesterday, Goldman Sachs analysts concluded that U.S. housing is likely to…
Fitch: Most States Experiencing Revenue Growth But FY2020 Outlook Remains Cautious
In a report issued on August 1, 2019, Fitch Ratings (“Fitch”) analysts opined that most U.S. states are experiencing solid…
Fed Chair Powell: Wells Fargo Governance Still Unsatisfactory. Banned From Underwriting NYC Bonds.
July 31, 2019 – Two words – “mid-cycle adjustment” – from the Federal Reserve rocked markets on Wednesday. But at…
Nuveen: Expect A Tougher Climb
June 24, 2019 – Nuveen has issued its 2019 Midyear Update covering several asset classes including equities, taxable fixed income,…
[WSJ] A 10-Year Treasury Yield Below 2% Is Something Almost Nobody Saw Coming
June 20, 2019 – The Wall Street Journal reported today that investors and other experts in the financial industry were…
