Category: Economy
S&P Downgrades U.S. Ports
February 20, 2020 – In a report issued on February 19, S&P Global Ratings downgraded its U.S. ports outlook from…
Moody’s: Coronavirus Clouds Global Growth Outlook. Conditions Could Worsen If Virus Not Contained in Q1.
February 18, 2020 – In a report issued this week, Moody’s Investor Service opined that the coronavirus outbreak is likely…
Tax Flight Is Real: TX and FL Gain. NY, CA and NJ Lost Residents.
January 6, 2020 – In a report authored by Bank of America Securities analyst Ian Rogow, 2017-2018 migration data issued…
GS/MS: Yesterday’s Fed Cut May Be Final Cut For A While
October 31, 2019 – Two major dealers – Goldman Sachs and Morgan Stanley – issued reports concluding yesterday’s FOMC 25bp…
PIMCO: Recession Not Imminent, But Cautious In Outlook
August 28, 2019 – In a report issued this week, PIMCO’s Dan Ivascyn and Esteban Burbano discussed the current U.S….
Goldman: U.S. Housing To Improve Despite Headwinds
August 26, 2019 – In a research note issued yesterday, Goldman Sachs analysts concluded that U.S. housing is likely to…
Fitch: Most States Experiencing Revenue Growth But FY2020 Outlook Remains Cautious
In a report issued on August 1, 2019, Fitch Ratings (“Fitch”) analysts opined that most U.S. states are experiencing solid…
How Low Interest Rates Could Wreck State/Local Budgets and Hurt Credit Quality
The past week was a bumper week in munis, with nearly $14 billion in new issuance. It was also one…
El-Erian: U.S. Federal Reserve Should Not Deliver a Big Rate Cut
July 19, 2019 – In an Op-Ed posted on Bloomberg today, former CEO of PIMCO Mohamed El-Erian expressed concerns on…
