Category: Credit Ratings
States Saddled with Retiree Healthcare Liabilities Would Benefit from Medicare-for-All. Correction: Their Bondholders Will.
If polls are to be believed, a majority of Americans are ready to remove President Trump in 2020, electing what…
[Moody’s] Citizenship Question on Census 2020 Could Still Materialize, Impacting Medicaid Reimbursements
June 27, 2019 – Moody’s Investor Service said today that the Supreme Court’s June 27 decision did not fully rule…
Moody’s: Delay in State Budgets for Fiscal Year 2020 Reflect Governance Weakness
July 3, 2019 – In a report issued today, Moodys’ Investor Service said seven states – MA, NH, NC, OH,…
Nuveen: Expect A Tougher Climb
June 24, 2019 – Nuveen has issued its 2019 Midyear Update covering several asset classes including equities, taxable fixed income,…
[Moody’s] New York State Tenant Law Won’t Impact NYC Housing Development Corp (“HDC”)
June 20, 2019 – In a short note issued today, Moody’s Investor Service stated that New York State’s recently-enacted Housing…
[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…
[BAML] Munis Now Cheap to Treasuries. “The Longer the Better”.
In their June 14, 2019 Municipal Weekly report, BAML’s Municipal Research team led by Phillip Fisher offered the following takeaways:…
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…
[OP-ED] What The Conning Report Should Really Be Saying: Decades Of Hispanic Migration Have Boosted Credit Quality
Conning – a Hartford-based asset manager with over $140 billion AUM – issued its “State of the States” (SOTS) credit research…