The Ghosts of Pension Past
August 22, 2022 — Numerous factors have contributed to the current state of underfunding in public pension plans, which has sparked political finger-pointing, credit rating downgrades, and even municipal bankruptcies in the most extreme cases. Although a handful of pension systems are near the point of total depletion, most funds still have the opportunity to correct course and establish fund solvency.
The Fed’s Not Done, But Close — Fixed Income Outlook in 5 Charts
August 21, 2022 -- The Fed is likely to wrap up hiking rates by year-end, which is good news for fixed income investors. What the Fed has articulated and . . .
Impact Bonds Make a Comeback
August 16, 2022 -- New issuance of green, social, and sustainability bonds markedly declined in the first half of 2022 due to . . .
Municipal Fixed Income
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 . . .