Entries by admin

Bernardi Study Warns Against Repeal of Tax Exemption for Municipal Bonds

For Immediate ReleaseContact: Hud EnglehartBeacon [email protected] Chicago, IL, December 14, 2011– Citing a set of unintended, potentially adverse consequences, one of the Midwest’s leading municipal bond broker-dealers today called on legislators and policymakers to analyze all the facts before moving to eliminate tax exemptions for investors in the municipal bond market. “Tax-exempt municipal bonds are […]

The Effect of a U.S. Rating Downgrade

After August outflows, the municipal bond market turned bullish once again in September with four weeks in a row of bond fund inflows – and the last week more than doubling the inflows of the previous week. The month also saw a couple of true superlatives. Biggest municipal bond fund inflow in a year Municipals […]

Mid-Year Municipal Credit Update

In this commentary, we will summarize where municipal credit quality has been, where we believe it is today, and what our clients should expect over the near term investment horizon. The municipal market began the year with a tumultuous first quarter, but managed a trend reversal during April and May before leveling off in June. […]

The End Is Near

What Will it Mean to Municipal Bonds in 2011 and Beyond? As the economy expands, it is becoming clearer that we are nearing the end of the “easy money” policy that the Federal Reserve has pursued over the past few years. So what can we expect once the Fed starts raising interest rates? It’s important […]