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Posted in Congress ESG Sell-Side Research U.S. Elections

JPMorgan: Economy In “K-Shape” Recovery. Odds of Trump Winning Increasing As Protests Simmer.

September 1, 2020 – In a research note released yesterday, J.P. Morgan analysts Marko Kolanovic and Bram Kaplan postulated that…

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Posted in Broker-Dealer ESG Investment Banking

S&P: Wells Fargo CEO Was Highest Paid in 2019

August 11, 2020 – A report by S&P said Charles Scharf, CEO of Wells Fargo, was the highest paid banking…

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Posted in Congress COVID-19 Issuers Sell-Side Research

Morgan Stanley: “CARES 2” Will Extend Up To $614B of Muni-Related Stimulus Aid And Bring Back Advance Refundings

July 20, 2020 – Morgan Stanley waded into the Congressional prediction sweepstakes today, predicting that Congress will extend up to…

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Posted in COVID-19 Federal Reserve Issuers

Fed Municipal Liquidity Facility (MLF) Pricing Revealed. Likely To Provide Life Line for COVID19-Impacted Municipalities.

May 11, 2020 – The Federal Reserve released pricing (see schedule below) for its Municipal Liquidity Facility (MLF) program today….

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Posted in Investor Outlook Markets Rates

Citi To Investors: Stay The Course and Remain Invested

February 26, 2020 – One of the most controversial interest rate calls in #Muniland was made late last year by…

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Posted in Broker-Dealer Investing Markets Sell-Side Research Uncategorized

Morgan Stanley: Weaker Returns Likely For Municipal Bonds.

January 21, 2020 – In a research report issued today, Morgan Stanley opined that rich valuations for municipal bonds are…

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Posted in Broker-Dealer Markets New York State NYC Underwriting

BofA Tops NY League Table. Wells Fargo Shut Out – Head of Public Finance Seconded To Bill Daley’s Government Affairs “A-Team”

December 23, 2019 – Based on Thomson Reuters data released this morning, BofA Securities retained its traditional lead atop the…

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Posted in Cities Investor Outlook Rates States Technicals Transportation Finance

BlackRock Reduced Long-Dated Bond Holdings in $11B Muni Fund

August 29, 2019 – BuyMuni’s analysis of BlackRock’s Strategic Municipal Opportunities Fund (“SMO Fund”) investor materials revealed tactical shifts within…

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Posted in Funds Investing Investor Outlook Markets

Nuveen: Treasury Yields Mixed Due To Global Trade and the Fed

Highlights from Nuveen’s weekly 2019 Aug 26 fixed income commentary: Municipals were unchanged even as long duration-Treasuries improved (lower yield)…

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Posted in Economic Development Education Issuers New York State

How Governor Cuomo’s Free College Tuition Program Is Destroying New York’s Private Colleges

July 22, 2019 – Bloomberg’s Amanda Albright reported how New York’s free college tuition plan “tore a hole in the…