Latest Updates: Market Impact of the War in Ukraine
By HilltopSecurities

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 over 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 2018-2021, 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 third team in the sellside director of research category for 2020 and 2021.

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.
May 11 , 2021

Treasury Issues Relief Guidance for State, Local, and Tribal Governments

On Monday, the U.S. Treasury launched the Coronavirus State and Local Fiscal Recovery Funds that will deliver the most substantive amount ($350...

May 11 , 2021

PODCAST: Lawmaker Considerations For Allocating Rescue Plan Act and Other Federal Relief

May 07 , 2021

A Boom is Coming. Are Governments Ready?

Some public finance entities, including state and local governments, are more ready than others for the upcoming boom in economic growth and federal...

April 30 , 2021

100 Days and $6 Trillion – We Analyze the Possibility of an Infrastructure Agreement

Details from the $2.6 trillion American Jobs Plan and $1.8 trillion American Families plan have now been released. On Wednesday evening, President...

April 28 , 2021

2020 Census Results Show Population Trends and Power Concentration in the U.S. Continue to Shift

The 2020 Census results will have a significant amount of influence on political, financial, and public finance related outcomes for years.

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