Category: Sell-Side Research
Morgan Stanley U-Turns: No Longer Thinks Federal Stimulus Will Come in 2020. “Bumpy Path” for Munis Over Short-Term.
September 25, 2020 – In a reversal from its July prediction, Morgan Stanley’s municipal research team now thinks federal stimulus…
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…
Foreign Investors Can Achieve Over 120 Bps Incremental Yield For Taxable Munis
July 21, 2020 – An analysis by Bank of America indicated European and many Asian investors can achieve significant incremental…
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…
Citi’s Controversial Recommendation: Issuers Should Issue More Debt
June 28, 2020 – In a report issued yesterday, Citi’s Municipal Research team recommended state and local governments undertook “aggressive…
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…
Bank of America Revised U.S. GDP Forecast. Expects 10.4% Cumulative GDP Decline in 2020 – Deepest Recession on Record.
April 2, 2020 – Bank of America’s U.S. Economics Team revised their economic forecast this morning, and now thinks the…
Despite Coronavirus Concerns, Morgan Stanley Is Bullish On Airport Credit
February 12, 2020 – Despite market fears that the current #coronavirus crisis might precipitate a global slowdown, Morgan Stanley issued…
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…
Citi Analysts: Questionable Attempt to Question the Legality of Illinois GO Debt
July 2, 2019 – In a “flash” note issued late Monday, Citi’s municipal analysts Vikram Rai and Jack Muller cast…
