By Tom Kozlik

Municipal Commentary

The municipal bond market enables more than 50,000 state and local governments, agencies, and authorities to fund a variety of public works projects. However, the breadth of the market and its tax advantages leave it subject to the mandates of regulatory agencies and legislators. Our municipal commentary helps you stay up to date on the latest market headlines and trends.

Tom Kozlik is the Head of Municipal Research and Analytics for HilltopSecurities. He distributes widely read municipal commentary and frequently contributes to national media outlets. With nearly two decades of experience in the fixed income industry, Kozlik is a nationally recognized strategist who brings unique insight and perspectives to his commentary and analysis of municipal market trends, opportunities and challenges. For 2018-2020, Smith’s Research and Gradings included him on the first team in the generalist category of its Municipal All-Star Team, in addition to the 2020 third team in the sellside director of research category.

He was voted to Institutional Investor’s All-America Fixed-Income Research Team and Greenwich Associates named him one of the Most Helpful Analysts in Municipal Bonds in 2015. In addition, Kozlik has taught graduate-level public finance courses at the University of Pennsylvania’s Fels Institute of Government, where he earned a Masters of Government Administration.
January 08 , 2021

Democrats’ Legislative Agenda Could Begin With $2K Payments, Relief, & Infrastructure Totaling $3 Trillion

We expect the legislative agenda for the Democrats to move quickly and include substantial relief that could contain meaningful, direct, and...

January 06 , 2021

COVID-19 Spread Remains Out of Control to Begin 2021

COVID-19 is spreading uncontrollably.
An IHME at the University of Washington analysis forecasts about 145,000 COVID-19 deaths in the U.S. for...

January 04 , 2021

Georgia Run-Offs Begin New Year, Important to Watch for Credit Quality

The COVID-19 daily cases, deaths and hospitalization numbers continue to worsen. December saw a record 77,000 deaths in the U.S. Dr. Anthony Fauci...

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