April 27, 2015

This week, we chart the most recent State economic data from the Philly Fed, respond to a reader inquiry regarding our previous discussion of SLGS, and highlight a little noticed piece of Puerto Rico news from last week.

Philly Fed Shows Mid-Atlantic States Lagging

The Federal Reserve Bank of Philadelphia recently released its State Coincident […]

January 28, 2015

This week we highlight the potential implications of a strong dollar for municipal budgets and revenues, and ponder whether 2015 will be an even bigger year for municipal pension issues.

Strong Dollar and Low Energy Prices Could Lead to Revenue Issues

We (Mike C. and Mark H.) were in Houston last week for the NFMA’s […]

January 20, 2015

This week we examine the thesis that the high level of ratios of municipal bond yields to Treasury yields means that munis are “cheap” and discuss some of the devil in the details of the President’s community college proposal.  We also reprint a chart from Forbes highlighting increasing concentration in the U.S. hospital […]

January 12, 2015

Firstly, this week we give our view on the increasing efforts to use lower gas prices as a rationale for higher gas taxes, and, secondly, highlight the States that are most exposed to the weakness in international economies.

Should Lower Gas Prices Lead to Higher Gas Taxes?

It has been a while since I (Gregg) […]