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Municipal Industry Commentary

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September Jobs Data Clears One Cloud, But the Forecast Stays Gray and Unclear

The September jobs report beat expectations with 119,000 new jobs, but a five-month average of only 39,000 and unemployment rising...

Importance of the Signal Hunt Intensifies as Market Sentiment Shifts

Market expectations have moved from anticipating a December rate cut to questioning whether the Fed will act at all, as...

The Shutdown Ends and the Signal Hunt Begins

Federal government operations will resume after a record, six-week shutdown, restoring services and initiating a gradual return of delayed economic...

The Bond Buyer: Munis steady after government shutdown ends

“After six weeks of uncertainty, the federal government is funded and operational again,” said Tom Kozlik, managing director and head...

Municipal Market Holds Steady as Economic Crosscurrents Intensify

Macro-economic uncertainty persists, yet municipals remained stable. Economic turbulence continued with labor market stress, weak consumer sentiment, and a government...

The Bond Buyer: Amid data center boom, public utilities push for more flexibility with IRS bond rules

In a report released Wednesday titled “AI is racing ahead and energy infrastructure needs to catch up,” Tom Kozlik, head...

The Bond Buyer: 2025 Bond election results: Lamar voters approve most of $1.99B measure

For the ballot referendums that were rejected, economic uncertainty may have played a role, said Tom Kozlik, managing director and...

Mayor-Elect Mamdani at the AI Crossroads Navigating Between Disruption & Opportunity

Zohran Mamdani was elected mayor of New York City, defeating high-profile opponents with a platform focused on affordability, structural reform,...

AI is Racing Ahead and Energy Infrastructure Needs to Catch Up

The biggest bottleneck for Artificial Intelligence (AI) isn’t algorithms or chips—it’s electricity. U.S. energy capacity is running close to the...

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