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Posted in Budgets Credit Ratings States

[WSJ] Connecticut’s Blue Politicians Spill an Ocean of Red Ink

The Wall Street Journal reported on June 14, 2019 that Connecticut’s biennial budget soon to be signed by new Democratic…

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Posted in Cybersecurity ESG Investing Investor Outlook

[BRECKINRIDGE] Why Muni Investors Should Care About Cybersecurity

In a May 28 note to investors, Breckinridge’s Alriona Costigan and Jesse Starks noted the disproportionate risk of cyber security…

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Posted in Economy Markets

[BondBuyer] ADP Report Fuels Rate Cut Clamor

The BondBuyer reported yesterday that a disappointing read from the ADP employment report overshadowed a positive read on the service…

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Posted in Investing Sell-Side Research

BAML: SURGE IN PERSONAL INCOME TAXES NOT SUSTAINABLE

May 31, 2019 – Bank of America’s Phillip Fischer was of the view that the recent surge in income tax…

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Posted in Investing Investor Outlook

Nuveen: Munis to outperform Treasuries. Likes long end of curve.

Nuveen’s Q1 2019 report on municipal bonds was constructive on High Yield and long-end of the municipal curve. Expects Munis…