By Tom Kozlik
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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.
August 12 , 2021

What Could “Irreparable Harm” Look Like if Lawmakers Fail to Extend or Suspend the Debt Ceiling Limit?

When lawmakers took the U.S. to the brink during the 2011 fiscal policymaking process, there were real negative financial consequences. There could...

August 06 , 2021

Jobs Coming Back, Yet Spread of Delta Variant Challenges State and Local Jobs Recovery

July’s nonfarm payrolls report was solid across the board. U.S. companies added +943k jobs in July, topping the +870k forecast.
The progress the...

August 05 , 2021

Growing Support for Masking in Schools, Legal Battles May Ensue

The topic of mask mandates is becoming an issue of contention in select states as the Delta variant is causing the number of COVID-19 cases,...

August 03 , 2021

Bloomberg: Florida Schools Back Away From Mask Mandate After DeSantis Order

"State sources make up nearly 40% of Florida school funding, so there could be a 'severe negative credit impact' if funding is withheld, according to...

August 02 , 2021

Florida Governor Threatens School Funding if Mask Mandates Remain

The COVID-19 Delta variant is causing a rise in the total number of COVID-19 cases, hospitalizations, and deaths. As a result, last week the CDC last...

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