MuniMarket Pulse

Tom Doe of MMA Says Tax-Exempt Issuance “Is Just Extraordinarily Light”

Wed, 11 Aug 2010 00:00:00 GMT

Fabian of MMA Says “The Story in the Muni Market Remains Scarcity”

Fri, 23 Jul 2010 00:00:00 GMT

Tom Doe of MMA Says “We Haven’t Seen the Retail Investor Flee the Market Just Yet”

Fri, 09 Jul 2010 00:00:00 GMT

Matt Fabian of MMA Says “BAB Issuance Was Enormous in June”

Tue, 06 Jul 2010 00:00:00 GMT

Fabian of MMA Says That Negative Headlines Have Caused “A Sense of Fatigue” in the Muni Market

Fri, 25 Jun 2010 00:00:00 GMT

Tom Doe of MMA says “Municipals Were in Their Own World Once Again”

Mon, 07 Jun 2010 00:00:00 GMT

Guy LeBas of Janney Montgomery Discusses His Views on Economic Growth in China

Fri, 04 Jun 2010 00:00:00 GMT

Fabian of MMA Discusses the IRS Announcement to Audit BABs

Wed, 02 Jun 2010 00:00:00 GMT

Matt Fabian says “The Market Has Been Largely Stable”

Mon, 24 May 2010 00:00:00 GMT

Tom Doe of MMA says “Investors in BABs Continue to be Rewarded with Higher Yields”

Wed, 12 May 2010 00:00:00 GMT

Natalie Cohen of National Municipal Says “Be Wary of Generalizations” about the Municipal Market

Tue, 20 Apr 2010 15:26:00 GMT

Fabian of MMA Says the Ratings Recalibration Will Result in an “Increasing Trend Towards Commoditization”

Mon, 12 Apr 2010 16:38:00 GMT

TJ Marta of Marta on the Markets Says “The US Can Be Likened to a Fading Empire”

Fri, 09 Apr 2010 13:26:00 GMT

Travis Quast of DerivActiv Says FASB Topic 820 is “Relevant for Entities that Use Derivatives”

Fri, 26 Mar 2010 11:25:00 GMT

Kevin Kone of SFO Talks about Taking Advantage of the ARRA and Other Financing Alternatives in the Municipal Market

Thu, 25 Mar 2010 10:55:00 GMT

Kevin Kone of SFO Talks about Steps the Airport Has Taken to Manage Costs and Increase Revenues Despite the Recession

Tue, 23 Mar 2010 11:20:00 GMT

Tom Doe of MMA Says “There’s This Relative Dearth of Tax-Exempt Product” In the Municipal Market

Thu, 11 Mar 2010 16:49:00 GMT

Mitchell Savader of Savader Asset Advisors Says the Municipal Market Will See “A Widespread Deterioration in Credit Quality”

Mon, 08 Mar 2010 16:09:00 GMT

Feldman of Axiom says “It’s Pretty Clear That a Fairly Large Number of Private Equity Funds Do Misreport”

Tue, 16 Feb 2010 12:03:00 GMT

Mier of Loop Capital Says Unemployment Compensation Fund Deficits are “Yet Another Source of Burden for State Governments”

Fri, 12 Feb 2010 13:56:00 GMT

Fabian of MMA Says “A Permanent Extension of the BAB Program Will Greatly Increase Demand”

Wed, 10 Feb 2010 15:38:00 GMT

Towne of DerivActiv Explains GASB 53 and How it Applies to Governmental Entities

Mon, 18 Jan 2010 13:51:00 GMT

Tom Doe of MMA Says December Muni Market Performance “Ended on a Whimper”

Wed, 13 Jan 2010 17:59:00 GMT

TJ Marta Says “It’s Going to Be Cataclysmic If We Do Not Get Our Fiscal House in Order”

Fri, 11 Dec 2009 16:38:00 GMT

Doe of MMA Says “We Came Into the Month with the Municipal Market Clearly Showing Value”

Mon, 07 Dec 2009 15:39:00 GMT

Fabian of MMA Says “For Governmental Issuers to Default, They Would Have to Choose to Do So”

Wed, 18 Nov 2009 17:18:00 GMT

Philip Trieck of Thermopolis Partners Says “The US Dollar has Turned into a Funding Currency for Carry Trades”

Thu, 12 Nov 2009 11:17:00 GMT

Tom Doe of MMA Says “Illiquidity is Still a Major Issue in the Municipal Market”

Mon, 09 Nov 2009 18:04:00 GMT

Fabian of MMA Says “Demand Has Stabilized and Prices Have Stabilized” in the Muni Market

Mon, 02 Nov 2009 14:19:00 GMT

Fabian of MMA Says “California and its Issuers Have Accounted for 27%” of All BAB Issuance

Mon, 26 Oct 2009 12:30:00 GMT

Stan Feldman of Axiom Valuation Discusses Five Myths about the Fair Value of Alternative Investments

Fri, 23 Oct 2009 13:27:00 GMT

Doe of MMA Says There’s “This Incredible Demand Component” in the Municipal Market

Fri, 09 Oct 2009 17:01:00 GMT

Rupley of Miller Canfield Says “The IRS has the Capability and Inclination to Use EMMA” to Track BAB Trading

Wed, 07 Oct 2009 14:43:00 GMT

Stan Feldman of Axiom Says “What has Changed is the Level of Due Diligence that Fiduciaries Have to Do”

Mon, 05 Oct 2009 16:46:00 GMT

Fabian of MMA Says “Most People Want More Yield than is Available in the Market Right Now”

Fri, 02 Oct 2009 16:22:00 GMT

Kim Edwards of Fidelity Capital Markets Says EMMA is “Pretty User Friendly”

Fri, 02 Oct 2009 10:28:00 GMT

Guy LeBas of Janney Montgomery Says “We’re Not Too Excited About the Path of Consumer Spending”

Tue, 29 Sep 2009 12:49:00 GMT

Fabian of MMA Says Since the Lehman Crisis, “Households have Consumed 91% of the Net New Municipal Bonds”

Tue, 22 Sep 2009 13:10:00 GMT

Fabian of MMA Says “There’s a Good Feeling About Fixed Income”

Tue, 15 Sep 2009 14:14:00 GMT

Doe of MMA Says There is Still “A Pretty Compelling Argument for Build America Bonds”

Wed, 02 Sep 2009 16:34:00 GMT

Fabian of MMA Says “People are Becoming More Adventurous for Municipal Risk”

Fri, 28 Aug 2009 16:15:00 GMT

TJ Marta Says We Are “Experiencing the Loss of American Supremacy”

Thu, 20 Aug 2009 15:54:00 GMT

TJ Marta Says “I’m Not Particularly Bullish on Stocks”

Wed, 19 Aug 2009 16:03:00 GMT

Mousseau of Cumberland Advisors Says Muni Bond Funds Have “Returned to the Forefront” of Net Buyers

Mon, 10 Aug 2009 12:17:00 GMT

Doe of MMA Says Summer Markets “Are Dominated by Traditional Investors”

Wed, 05 Aug 2009 16:58:00 GMT

Mier of Loop Capital Says That 30-Year Municipal Bonds are “Begging to Be Bought”

Tue, 04 Aug 2009 10:26:00 GMT

Fabian of MMA Says “This Budget Will Just Perpetuate the Situation in California That Much Longer”

Mon, 27 Jul 2009 11:11:00 GMT

Aleks Miziolek of Dykema Says P3s Are “A Means of Upgrading Our Infrastructure”

Mon, 13 Jul 2009 13:05:00 GMT

Doe of MMA Says July is “Skewed Positively for the Municipal Market”

Thu, 09 Jul 2009 12:03:00 GMT

Phillips of PF2 Says CLOs "Have Been Harshly Tarnished" By Poor Performance of Other Asset Classes

Wed, 01 Jul 2009 16:25:00 GMT

O’Connor of SecondMarket Says "We are Truly a Secondary Market For Illiquid Assets of Any Kind"

Fri, 26 Jun 2009 16:16:00 GMT

Randy Burleyson of BMO Says BABs Still Offer "A Huge Benefit to the Issuers"

Thu, 25 Jun 2009 16:05:00 GMT

Fabian of MMA Says a VRDO Backstop Seems "Increasingly Unlikely"

Fri, 19 Jun 2009 12:21:00 GMT

Doe of MMA Says May Experienced "A Fairly Sharp Correction" Toward Month End

Wed, 10 Jun 2009 12:25:00 GMT

TJ Marta Says The Market Isn’t In "The Same Psychological Mind Set" As Last Fall

Fri, 05 Jun 2009 09:50:00 GMT

Scott Colyer of AAM says the Muni Market Has Seen a "Tectonic Change" Since 2008

Tue, 02 Jun 2009 16:19:00 GMT

Fabian of MMA says Proposed Legislation for Muni Market "Is a Disappointment"

Thu, 21 May 2009 12:30:00 GMT

Doe of MMA says "The First Part of April Was Incredibly Strong" for the Muni Market

Thu, 14 May 2009 12:33:00 GMT

Yosca of BNY Mellon Capital Markets says BABs Provide "Attractive Yields with Very Little Credit Risk"

Fri, 08 May 2009 14:10:00 GMT

Doty of AGFS says, "The Financial Advisory Function is Different from the Broker-Dealer Function" - Part 2

Wed, 06 May 2009 14:47:00 GMT

Robert Doty of AGFS Says "Smaller Issuers Are Heavily Reliant Upon Us" - Part 1

Tue, 05 May 2009 14:32:00 GMT

CA Treasurer Bill Lockyer Says "Taxpayers Did Well" With Build America Bonds

Wed, 29 Apr 2009 14:53:00 GMT

Fichera of Saber Partners Suggests Creating a National "Municipal Exchange" to Increase Liquidity in Market - Part 2

Thu, 23 Apr 2009 15:54:00 GMT

Fichera of Saber Partners Says Perhaps the Variable Rate Market "Should Shrink on the Municipal Finance Side" - Part 1

Wed, 22 Apr 2009 15:57:00 GMT

LeBas of Janney Montgomery Discusses First Quarter Performance and Long Term Economic Forecasts

Tue, 21 Apr 2009 16:22:00 GMT

Tom Doe of MMA says “It Was Nice to See Municipal Issuance Pick Up Again”

Mon, 20 Apr 2009 13:03:00 GMT

Polsky of Dougherty & Company Talks About the New Approach to Marketing and Selling Bonds in Muni Market

Fri, 03 Apr 2009 11:32:00 GMT

Mark Kantrowitz Discusses Student Loan Market and Stimulus Act

Wed, 01 Apr 2009 11:38:00 GMT

Fabian of MMA Says $6.5 Billion California Bond Sale "Was a Success"

Mon, 30 Mar 2009 13:08:00 GMT

Mier of Loop Capital Says an Issuer "Can Get Access to All These New Buyers by Going Taxable"

Fri, 27 Mar 2009 11:42:00 GMT

Decker of the RBDA Explains the Provisions of the Stimulus Package that Affect the Muni Market

Wed, 25 Mar 2009 11:44:00 GMT

Fabian of MMA Says the Muni Market is "A More Difficult Place for Issuers"

Fri, 20 Mar 2009 13:13:00 GMT

Parker Colvin says "Our Trading Volume Was Up About 50 Percent 2008 Over 2007"

Tue, 17 Mar 2009 11:53:00 GMT

Spiotto of Chapman & Cutler Says "There are a lot of Protections for Bondholders in Chapter 9" - Part 2

Fri, 06 Mar 2009 11:56:00 GMT

Jim Spiotto of Chapman & Cutler Says "Bankruptcy is the Last Resort" for Troubled Municipalities - Part 1

Wed, 04 Mar 2009 12:23:00 GMT

Bill Mason of David Lerner Says that Without Insurance Clients get "More Bang for the Buck"

Tue, 24 Feb 2009 12:28:00 GMT

Tom Enright of City Securities Says the Muni Market has "A Whole lot of Volatility"

Tue, 17 Feb 2009 12:32:00 GMT

TJ Marta of Marta on the Markets Says "States are Going to Run into Increasing Finance Problems" - Part 2

Fri, 30 Jan 2009 12:45:00 GMT

TJ Marta of Marta on the Markets Says that Obama is "Sounding a Lot Like FDR" - Part 1

Thu, 29 Jan 2009 12:49:00 GMT

Profita of Wells Fargo says "There are Still Great Credits Around"

Tue, 27 Jan 2009 12:52:00 GMT

Former PA Treasurer Wiessmann says, "We’re Managing the Cash Flow Very Carefully"

Fri, 23 Jan 2009 12:56:00 GMT

Ron Schwartz of StableRiver Says "Go Into 2009 with Good Quality Bonds"

Tue, 23 Dec 2008 12:33:00 GMT

Guy LeBas of Janney Predicts Many Deferred Muni Deals Will "Die on the Vine"

Fri, 19 Dec 2008 12:37:00 GMT

Yosca of BNY Mellon Capital Markets Says Demand from High Net Worth Investors has Been "Astounding"

Tue, 02 Dec 2008 13:35:00 GMT

Mousseau of Cumberland Advisors Says Municipal Bonds "Still Represent an Incredible Value"

Fri, 21 Nov 2008 13:39:00 GMT

Mackin of NatCity says Assured Guaranty’s Purchase of FSA is "A Good Thing for the Market"

Wed, 19 Nov 2008 13:52:00 GMT

Mier of Loop Capital Says Muni Market is Relying "A Little Too Much on the Retail Customer"

Mon, 10 Nov 2008 13:58:00 GMT

Matt Meaney of Aegon Says "Market Conditions are Very, Very Bad" for GICs and Repos

Fri, 07 Nov 2008 14:02:00 GMT

Chris Hall Says Munis "Went Pretty Quickly From Hate to Love"

Thu, 30 Oct 2008 14:05:00 GMT

Polsky of Dougherty & Company Says "This is a Really Exciting Turn in the Market"

Fri, 24 Oct 2008 14:15:00 GMT

David Caprera on Changing Tax Rules in a Changing Municipal Market

Fri, 24 Oct 2008 14:11:00 GMT

Bill Mason Describes the Municipal Market in Two Words: "Higher Yields"

Fri, 17 Oct 2008 14:24:00 GMT

Delahunt Says Munis are Attractive "But No Need to Jump into the Deep End"

Thu, 16 Oct 2008 14:42:00 GMT

Parker Colvin says There is "Very Significant Retail Investor Demand" in Secondary Market

Mon, 06 Oct 2008 14:49:00 GMT

Profita of Wells Fargo says "Short Rates Have Clogged-Up the Entire Marketplace"

Mon, 06 Oct 2008 14:45:00 GMT

Guy LeBas Says Investors Should "Proceed With a Lot of Caution in Every Market"

Wed, 01 Oct 2008 14:51:00 GMT

TJ Marta of RBC Predicts Continued Contraction in Banking System

Tue, 16 Sep 2008 15:42:00 GMT

Dan Solender of Lord Abbett Says There Are "No Credit Issues with Housing Bonds"

Fri, 12 Sep 2008 15:53:00 GMT

Chris Mier of Loop Capital Says Economy is "Not Out of the Woods Yet"

Wed, 27 Aug 2008 15:56:00 GMT

Ciccarone Says "Strange and Odd Time" for Muni Ratings Reform

Fri, 15 Aug 2008 16:08:00 GMT

Imhoff of Stifel, Nicolaus Sees Value in Non-AMT Housing Paper

Fri, 15 Aug 2008 16:04:00 GMT

Treasury Manager Explains Lakeland’s Two-Pronged Solution to ARS Exposure

Thu, 14 Aug 2008 16:12:00 GMT

Michael Decker of the RBDA Endorses Muni Ratings Legislation

Fri, 08 Aug 2008 16:18:00 GMT

MacIntosh of Eaton Vance Says Federal Government Should Stay Out of Muni Ratings

Mon, 04 Aug 2008 16:21:00 GMT

Bryan Williams Says "Recovery Has Been Dramatic" Since February Meltdown

Wed, 30 Jul 2008 16:24:00 GMT

Joel Silva Speaks on the Role of Muni ETFs in the Marketplace

Thu, 24 Jul 2008 12:31:00 GMT

LeBas Says Fannie, Freddie "Technically Solvent," but "Can’t Be Allowed to Fail"

Tue, 15 Jul 2008 12:40:00 GMT

Brett Schwantes Identifies Key Points of FAS 157, Discusses "Unintended Consequences"

Thu, 03 Jul 2008 12:44:00 GMT

John Mousseau Says "The Municipal Market is as Cheap as It’s Been" Since 2000

Tue, 01 Jul 2008 12:49:00 GMT

Rob Haines Says Insurers are Trying to Silence the Critics, Discusses Fitch Withdrawal

Fri, 27 Jun 2008 12:52:00 GMT

Ken Woods Recommends Alaska, Food Belt, and Texas PSF Bonds

Tue, 24 Jun 2008 13:11:00 GMT

Delahunt Says "It Would Be Unwise Not To Listen" to Ackman; MBIA, Ambac Downgrades

Fri, 20 Jun 2008 13:22:00 GMT

Bill Lockyer On Moody’s Move Towards Unified Ratings Scale

Fri, 20 Jun 2008 13:18:00 GMT

Dick Larkin Fears That Downgrade Slide May Become "Self-Fulfilling Prophecy"

Fri, 13 Jun 2008 13:27:00 GMT

Crescenzi Describes Muni Outlook Within Current Interest Rate Environment

Thu, 12 Jun 2008 13:40:00 GMT

Rick Profita of Wells Fargo Says MBIA, Ambac Downgrades "Not Exactly Fresh News"

Thu, 12 Jun 2008 13:34:00 GMT

TJ Marta of RBC Says Bond Insurer Downgrades Will Put "Extraordinary Stress" on Banks

Thu, 05 Jun 2008 13:46:00 GMT

Deane Yang Discusses the Pricing System Behind Muni ETFs

Wed, 04 Jun 2008 13:50:00 GMT

Peter Warren Says "Serious Questions" Still Remain on Student Loan Stabilization Program

Mon, 02 Jun 2008 13:53:00 GMT

Jim Evans Predicts Higher Volatility in the Near-Term, Explains Municipal Arbitrage

Wed, 28 May 2008 12:49:00 GMT

Mitchell Savader Discusses Both Sides of the Ratings Reform Debate

Fri, 23 May 2008 12:52:00 GMT

Tim Ryan Describes the Rise of Municipal ETFs as a Viable Investment Alternative

Wed, 21 May 2008 12:59:00 GMT

Meehan Describes Impact of Kentucky vs Davis Decision on Funds, Investors

Wed, 21 May 2008 12:55:00 GMT

Chris Hall of Harris NA Says UBS Exit is, "Double-Edged Sword

Thu, 15 May 2008 13:03:00 GMT

Lance Pan Explains the Investors’ Perspective on the Auction Rate Securities Market

Tue, 13 May 2008 13:37:00 GMT

Ed Oswald Explains New Tax Reporting Requirements for Muni Issuers; IRS’s Push for Transparency

Fri, 09 May 2008 13:40:00 GMT

Stienstra Says Ratings Reform is "Probably Inevitable," Explains Fund’s Use of Derivatives

Thu, 08 May 2008 13:47:00 GMT

Wolfe Warns of a "Half-Baked Solution" to Student Loans, Predicts Inefficiencies

Tue, 06 May 2008 13:50:00 GMT

Enright Says Auction Rate Conversions are at "Incredibly Attractive Levels" for Investors

Mon, 05 May 2008 13:57:00 GMT

Flanagan Says, "We Do Not Have A Crisis" in Student Loans, Compares with Subprime

Mon, 05 May 2008 13:54:00 GMT

Kantrowitz Discusses Legislation to Aid Student Loan Credit Crunch, Describes His Solutions

Thu, 01 May 2008 14:24:00 GMT

Paul Sheldon Says Student Loan Problems Will Persist Into 2009; Identifies Resources

Mon, 28 Apr 2008 14:28:00 GMT

Mitchell Savader Says Wall Street Woes May Negatively Impact New York Muni Credits

Thu, 24 Apr 2008 14:31:00 GMT

Stamper Focuses on Capturing "Upside Potential and Downside Protection"

Tue, 15 Apr 2008 14:36:00 GMT

Hoadley of Wisconsin Says Merging Scales Would Be "Very Disruptive"

Fri, 11 Apr 2008 14:47:00 GMT

Ciccarone of McDonnell has "Strong Reservations" on Ratings Reform, Points To History

Fri, 11 Apr 2008 14:42:00 GMT

Guy LeBas of Janney Says Auction Rate Failures Dependant on Max Rates; Predicts Recession

Fri, 04 Apr 2008 14:50:00 GMT

Dan Solender of Lord Abbett Says Underlying Credit Quality of Munis is "Staying Strong"

Thu, 20 Mar 2008 12:15:00 GMT

T.J. Marta Of RBC Describes The "Implosion of the Financial System" Applauds Fed Actions

Wed, 19 Mar 2008 13:06:00 GMT

Pennsylvania’s Wiessmann Speaks on Solutions for the Municipal Short-Term Market Turmoil

Tue, 18 Mar 2008 13:09:00 GMT

John Kautz of Ziegler Describes The "Unprecedented Volatility" In Muni Swap Spreads

Fri, 14 Mar 2008 13:12:00 GMT

Chris Mier of Loop Capital Says Fed Is “Throwing Gas on the Fire” In Terms of Stagflation

Wed, 12 Mar 2008 13:15:00 GMT

Rob Haines Says the Fundamentals of the Bond Insurers Are "Horrible"

Fri, 07 Mar 2008 13:17:00 GMT

Delahunt of Raymond James Offers Bond Insurer Solution, Discusses Ratings "Forbearance"

Thu, 28 Feb 2008 13:24:00 GMT

Ned Sher of Fifth Third Speaks On The "Tsunami" of LOC Requests From ARS Conversions

Tue, 26 Feb 2008 13:27:00 GMT

Bill Ackman Says, "We Want the Bond Insurers to Succeed;" Explains Insurer Restructuring

Fri, 22 Feb 2008 13:30:00 GMT

Bob MacIntosh of Eaton Vance is Looking for "Good Value" In The Wake of Downgrades

Thu, 21 Feb 2008 13:32:00 GMT

Mackey of Rice Financial Says there is a "Tremendous Cloud" Over the Ratings Agencies

Mon, 11 Feb 2008 13:35:00 GMT

Mousseau of Cumberland Advisors Says Muni Market Turmoil Is In The “7th Inning Stretch”

Thu, 07 Feb 2008 13:37:00 GMT

Tim Mackin of NatCity Says The Muni Market is Facing "A Perfect Storm"

Mon, 04 Feb 2008 13:39:00 GMT

Dick Larkin, Muni Veteran, Points His Finger At The Ratings Agencies; Insurer "Arrogance"

Fri, 01 Feb 2008 13:42:00 GMT

Guy LeBas, Economist at JMS Says the Fed Acted Unknowingly; US Slowing, No Recession

Tue, 29 Jan 2008 13:47:00 GMT

Hall, Head of Underwriting at Harris NA Says "Bond Insurance is Not Needed"

Mon, 28 Jan 2008 13:50:00 GMT

Mason of Lerner & Associates Says the Fed’s 75 Basis Point Cut "A Panic Move"

Wed, 23 Jan 2008 13:53:00 GMT

Swanson of Siebert Brandford Shank on Fitch’s Downgrade of Ambac; Implications

Mon, 21 Jan 2008 13:56:00 GMT

Polsky of Dougherty Says Municipal Credit Spreads have "Over-Corrected"

Mon, 14 Jan 2008 13:59:00 GMT

Evan Rourke of MD Sass on Insurer Meltdown; Speculation of a Downgrade

Wed, 09 Jan 2008 15:23:00 GMT

Mike McDaniel of Ziegler on a "Divergence in the Marketplace," and Insurer Effects on Auction Rates

Mon, 07 Jan 2008 15:40:00 GMT

Mike Imhoff of Stifel, Nicolaus & Co Talks About MBIA’s Negative Credit Watch

Wed, 26 Dec 2007 15:55:00 GMT

Parker Colvin of Stone & Youngberg on Year End Volume, Explains Cali Paper

Mon, 17 Dec 2007 16:02:00 GMT

Bill Elliott of PNC Capital Markets talks about Higher Ed Financing Options in Today’s Market

Wed, 12 Dec 2007 16:08:00 GMT

Tom Enright of City Securities on Insurer Speculation, Widening Credit Spreads

Mon, 10 Dec 2007 16:12:00 GMT

Peter Hill of ACA Talks About ACA's Negative Credit Watch; $1.7Bn Write-Down

Tue, 27 Nov 2007 16:36:00 GMT

Brian McGough of Fifth Third says Short-Term Rates are "Stifling"

Mon, 19 Nov 2007 16:42:00 GMT