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Posted in Credit Ratings Healthcare States

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…

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Posted in Credit Ratings Healthcare Legal Rating Agencies

[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…

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Posted in Budgets Credit Ratings Rating Agencies

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,…

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Posted in Credit Ratings Economy Investing Investor Outlook Markets

Nuveen: Expect A Tougher Climb

June 24, 2019 – Nuveen has issued its 2019 Midyear Update covering several asset classes including equities, taxable fixed income,…

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Posted in Cities Credit Ratings Housing Issuers NYC NYC HDC

[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…

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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 Credit Ratings Investing Issuers Markets Sell-Side Research States

[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:…

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Posted in Cities Credit Ratings Issuers NYC

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…

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Posted in Credit Ratings Investing Investor Outlook Opinion States

[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…