Recessions Can Sting, But Munis Are Generally Slow To Feel Pain
July 8, 2022 — As the Federal Reserve continues to combat runaway inflation with interest rate hikes, many economic indicators are flashing red, suggesting that at best the economy is slowing, and at worst we may be heading toward a recession. A positive for municipal bond investors is that revenue declines at the state and local levels have historically been slow to develop.
A Historic Bond Market Decline, Is an End in Sight?
July 7, 2022 -- Fixed income funds have experienced the longest consecutive monthly net withdrawal streak on record. While it has been . . .
Fixed Income Playbook for the Second Half
In this podcast, Sage’s Michael Walton and Thomas Urano discuss the dynamics that have played out in markets over the last six months and Sage’s. . . .
Fixed Income Perspectives — July 2022
July 8, 2022 -- In this piece, Sage answers the 4 big questions (outlook for macroeconomic growth, Fed policy, valuations, and investor sentiment) and illustrates . . .