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Posted in Issuers Opinion

Opinion: How The 30-Year Level Debt Structure Is Killing Muni Innovation

April 1, 2020 – When I joined a bulge-bracket Public Finance shop in the 90s, my mentor touted the superior…

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Posted in Credit Ratings Issuers New York State Rating Agencies

Breaking: Moody’s Revised New York State Outlook to “Negative”

April 1, 2020 – In a move not unexpected to municipal market participants, Moody’s revised its outlook for New York…

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Posted in Credit Ratings Issuers Rating Agencies

Breaking: S&P Downgraded All U.S. Public Finance Sectors to “Negative” Outlook

April 1, 2020 – No, it’s not an April Fool’s joke! In what is believed to be an unprecedented rating…

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Posted in High Yield Investing New York State

New York Poised To Ban Cigarette Sales; Tobacco Bonds In Jeopardy

March 28, 2020 – Based on two separate articles published today and on March 27, the Buffalo Chronicle reported that…

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Posted in Economy Global Economy Healthcare Issuers

Opinion: How #Coronavirus Could Decimate Muni Credit

February 28, 2020 – Two weeks ago, when BuyMuni highlighted institutional investor concerns about the coronavirus outbreak, the stock market…

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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 Budgets Issuers Markets

As Fear Grips Investors, Muni Players Ponder: Do Dark Clouds Lie Ahead?

February 24, 2020 – The Dow Jones Industrial Average lost 3.56%, or 1,031 points on Monday, while the S&P 500 and Nasdaq fell 3.35% and 3.71%,…

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Posted in Budgets Economy Healthcare Investing Investor Outlook Issuers

Stocks Plummet. 30Y Tsy at 1.8%. It’s A Very Mixed Outlook for Municipals.

February 24, 2020 – As of this morning, fears of a prolonged #coronavirus outbreak and potential Bernie Sanders’ Presidency tanked…

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Posted in Economy Issuers Ports Transportation

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…

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Posted in Economy ESG Global Economy Markets

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…