Author: Geoff Weitzel
-
Municipal Bond Credit Report: Where to Look for the Next Wall Street Blowup
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: When the tide goes out you find out who was swimming naked, Warren Buffett memorably said. The tide’s definitely gone out in markets this year, but finance has come through with few problems. Is it possible that this time not many were skinny-dipping?.. Link to Story
-
Municipal Bond Credit Report: 17 States Where Unemployment Is at Record Lows
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The unemployment rate in 17 states concentrated in the Midwest, South and Mountain West reached a record low in April, a sign of an unusually tight labor market… Link to Story
-
Municipal Bond Credit Report: Home-Price Growth Hit Record in March
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Home-price growth rose to a new record in March as robust home-buying demand outweighed the limited supply of homes for sale… Link to Story
-
Municipal Bond Credit Report: Rating agency use of ESG analysis provokes red state officials
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Pushback against the use of environmental, social, and governance scores in public finance ratings is gaining steam in Republican-controlled states, where elected officials are targeting S&P Global Ratings, claiming it is politicizing the ratings process or even possibly acting illegally… Link to Story
-
Municipal Bond Credit Report: Moody’s upgrades Louisiana to Aa2
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Moody’s Investors Service raised Louisiana’s general obligation bonds and issuer credit rating to Aa2 from Aa3 Wednesday, citing significant progress the state has made restoring its financial reserves and liquidity… Link to Story
-
Municipal Bond Credit Report: Texas retirement community operator turns to bankruptcy after default
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A nonprofit Texas-based retirement community operator filed for Chapter 11 bankruptcy on Monday to deal with its troubled debt and sell its assets… Link to Story
-
Municipal Bond Credit Report: Number of People Receiving Jobless Benefits Reached 52-Year Low in Early May
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The number of people receiving unemployment benefits fell in early May to the lowest point in more than 50 years, adding to signs the U.S. labor market remains unusually tight… Link to Story
-
Municipal Bond Credit Report: U.S. Home Sales Cool Amid Higher Rates, Record Prices
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Rapidly rising mortgage rates and record home prices are cooling the U.S. housing market, as April sales dropped for the third straight month and fell to their weakest pace in nearly two years… Link to Story
-
Municipal Bond Credit Report: High Inflation, Slowing Growth Raise Risk of Global Downturn
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The global economy is in danger of entering a period of so-called stagflation, or high inflation and weak growth, policy makers and corporate leaders say, which could erode living standards around the world… Link to Story
-
Municipal Bond Credit Report: Illinois rating momentum carries transit and universities along
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois’ rosier near-term fiscal landscape and state bond rating momentum helped lift the ratings of public transit agencies and the state’s public universities and more than $5 billion of rated debt… Link to Story