Tag: municipal bonds


It couldn’t come at a worse time.  The 53 Gulf Coast counties in Florida, Alabama, Mississippi, Louisiana and Texas look forward to peak summer months when tourists flock to beach resorts, casinos and summer homes.  This year the tourists are Read more…


June 1st marks the beginning of hurricane season.  It’s been quiet for a few years but forecasters are predicting a more active 2010 season.  Here are a few thoughts for analyzing the links to municipal bonds.  Gray and Klotzbacher of Read more…


See this post on Reuters for discussion about Antioch, latest city in California to talk bankruptcy.  There is a bill, sponsored by state senator Mendoza, AB155, that would require cities to go through the state (via the California Debt and Read more…


Why is the municipal market selling at such a premium?  I have been asked this question several times in the last few weeks — not by career municipal analysts at mutual funds or rating agencies, but sophisticated investors who are Read more…


Here’s a podcast with the author on Derivactiv, Municipal Market Pulse; a bit long but covers a lot of ground:  http://www.derivactiv.com/Podcasts/Natalie_Cohen_Muni_Bond_Market_Is_Not_Systemic04-20-2010.mp3 Municipal Market Pulse podcasts, produced by Derivactiv are also available on iTunes (for the ubernerds like me; ha, you thought Read more…


The author on Bloomberg TV discussing the coming municipal market collapse (not).


The financial reform proposals, designed to eliminate systemic risk, could actually trigger another meltdown upon the bill’s passage.  This is due to the ratings notching approach that has given rating credit to government support since the meltdown.  A change in Read more…


The tables below are for contextual reference as state and local governments face draconian spending cuts.   The combination of public policy with the several bubble periods over the last twenty-five years has created a toxic brew.  Some state and local governments are Read more…


This link from a recent release by the Brookings Institution, Robert Puentes comments on the New Jersey and Virgina transportation funds.  New Jersey’ transportation trust fund will be spending all of its revenues on debt service by 2011; Virginia’s new Read more…


Everything you ever wanted to know about state and local government is now in a handbook available for download.  The handbook is free but we would like it if you sign up so we can send an occasional e-mail letting you know about new Read more…