Podcasts about muniland

With US presidential election campaigns in full swing, we thought it prudent to revisit what this year could mean for the municipal bond market in terms of heightened risks -- and even some scenarios where it would benefit. Though past election years have returned more wins than losses for munis, macroeconomic issues accompanying the election will remain a hurdle. To discuss possible threats and the latest federal income-tax developments, hosts Eric Kazatsky and Karen Altamirano are joined by Andrew Silverman and Nathan Dean from Bloomberg Intelligence.

John Hallacy of John Hallacy Consulting and Rich Ciccarone, president emeritus of Merritt Research Services, talk with Chip Barnett about the municipal bond business over the past 40 years. They take a look back at where the industry has been, where it is and where it will be going.

There's been heightened volatility in rates and tax-loss harvesting may or may not be the best course of action. On this episode of Masters of the Muniverse, part of the FICC Focus podcast series, Andy Kalotay, a leading authority on quantitative analysis of municipal bonds, joins Bloomberg Intelligence's Eric Kazatsky and Karen Altamirano for an in-depth discussion about the muni market this year, tax-loss harvesting and what's on the horizon for 2024. 

Despite trillions being passed through recent bills to reduce inflation and spur infrastructure spending, neither goal has really been met. At first blush, the prospects of all that federal money being directed at much needed infrastructure improvements and repairs was music to the muni markets ears. However, that dream of being part of the funding solution has never really materialized and only added to the myriad of issues facing the tax-exempt market. Joining myself and Karen this month to discuss the many challenges the municipal market is facing is Hector Negroni, Founder and CEO of Foundation Credit. For those unfamiliar, Foundation is a leading alternative asset manager dedicated to municipal credit and infrastructure debt markets in the United States. Hector is no stranger to our markets, with a career spanning over 3 decades in investing proprietary trading, public/private financing, derivatives, and structured products.

Moody's analysts discuss accelerating electric vehicle sales' effects on US auto insurers and auto finance captives, and implications for state fuel taxes. Speakers: Matthias Heck, VP – Senior Credit Officer, Moody's Investors Service; Inna Bodeck, VP – Senior Analyst, Moody's Investors Service; Jasper Cooper – VP – Senior Credit Officer, Moody's Investors Service; Ted Hampton, VP – Senior Credit Officer, Moody's Investors Service Hosts:Nicholas Samuels, Senior Vice President, Moody's Investors Service; Danielle Reed, VP – Senior Research Writer, Moody's Investors Service Related content on Moodys.com/autotransformation (may only be available to registered users or subscribers):Electrification momentum is strong, automakers must invest to stay competitiveUS auto finance captives' evolving portfolios will carry more electric vehicles and greater riskAuto insurers' costs and pricing will rise as electric vehicles grow more popularElectric vehicles raise carbon transition risk for states' highway revenue bonds

Moody's analysts discuss accelerating electric vehicle sales' effects on US auto insurers and auto finance captives, and implications for state fuel taxes. Speakers: Matthias Heck, VP – Senior Credit Officer, Moody's Investors Service; Inna Bodeck, VP – Senior Analyst, Moody's Investors Service; Jasper Cooper – VP – Senior Credit Officer, Moody's Investors Service; Ted Hampton, VP – Senior Credit Officer, Moody's Investors Service Hosts:Nicholas Samuels, Senior Vice President, Moody's Investors Service; Danielle Reed, VP – Senior Research Writer, Moody's Investors Service Related content on Moodys.com/autotransformation (may only be available to registered users or subscribers):Electrification momentum is strong, automakers must invest to stay competitiveUS auto finance captives' evolving portfolios will carry more electric vehicles and greater riskAuto insurers' costs and pricing will rise as electric vehicles grow more popularElectric vehicles raise carbon transition risk for states' highway revenue bonds

Moody's analysts discuss accelerating electric vehicle sales' effects on US auto insurers and auto finance captives, and implications for state fuel taxes. Speakers: Matthias Heck, VP – Senior Credit Officer, Moody's Investors Service; Inna Bodeck, VP – Senior Analyst, Moody's Investors Service; Jasper Cooper – VP – Senior Credit Officer, Moody's Investors Service; Ted Hampton, VP – Senior Credit Officer, Moody's Investors Service Hosts:Nicholas Samuels, Senior Vice President, Moody's Investors Service; Danielle Reed, VP – Senior Research Writer, Moody's Investors Service Related content on Moodys.com/autotransformation (may only be available to registered users or subscribers):Electrification momentum is strong, automakers must invest to stay competitiveUS auto finance captives' evolving portfolios will carry more electric vehicles and greater riskAuto insurers' costs and pricing will rise as electric vehicles grow more popularElectric vehicles raise carbon transition risk for states' highway revenue bonds

In this month's Masters of the Muniverse, Eric Kazatsky and co-host Karen Altamirano are joined by Adam Stern, the co-head of research at Breckinridge Capital Advisors. Breckinridge is a $42 billion asset manager and has long been considered one of the industry's firsts in muni ESG. Stern gives his take on the current state of Muniland, and if ESG investors are losing confidence in the designation and standards. muni ESG

On this month's Masters of the Muniverse, Eric Kazatsky and co-host Karen Altamirano are joined by Stanford University Professor and "Prophet of Remote Work," Nick Bloom. We discuss how remote work has a history much deeper than the pandemic and what the future may look like for the workplace, cities and public transit.

Muniland welcomes New York City's comptroller to discuss the city's first social bond, affordable housing, his push to increase budget reserves and what's next for the city's economy. Guest: Brad Lander, New York City comptrollerHost: Nick Samuels, Senior Vice President, Moody's Investors Service

On this month's Masters of the Muniverse Eric Kazatsky and co-host Karen Altamirano are joined by three local men who have differing takes on the municipal landscape for 2023 and in some cases hope that their calls for the year ahead are not dashed by unforeseen forces, once again. In no particular order they are joined by Peter Degroot Head of Municipal Research and Strategy at JP Morgan, Vikram Rai Head of Municipal Strategy at Citi and Mikhail Foux Head of Municipal Research at Barclays.

With flush rainy day funds and flexibility to cut costs, states are poised to avoid credit stress if a severe economic tailspin or even a recession takes hold. Plus, housing finance agencies' credit quality remains strong, but the HFAs face challenges in the current economic environment.Guests: Sunny Zhu, Assistant Vice President-Analyst, Moody's Investors Service; Pisei Chea, Vice President-Senior Analyst, Moody's Investors Service; Rachael McDonald, Associate Managing Director, Moody's Investors Service; Omar Ouzidane, Vice President-Senior Analyst, Moody's Investors ServiceHost: Nick Samuels – Senior Vice President, Moody's Investors ServiceRelated content on Moodys.com (some content only available to registered users or subscribers):States – US: Strong fiscal governance positions states to withstand high inflation, possible recessionStates – US: Debt, pension and OPEB liabilities all up in fiscal 2021State Housing Finance Agencies – US: HFAs are well positioned for continued solid performance in changing market conditions

Susan Fitzgerald and Chris Collins of the US Public Finance team discuss enrollment and other revenue challenges affecting higher education. Plus, Ted Hampton discusses how gas tax suspensions will affect states' capacity to pay debt on bonds backed in large part by the suspended taxes.Related content on Moodys.com (some content only available to registered users or subscribers): Higher Education - US: Converging forces will squeeze budgets for many colleges and universitiesHigher Education – US: Macroeconomic factors will influence fall enrollment levels and revenue growthStates – US: Gasoline tax holidays show governance risks for state revenue bonds

Tom Aaron of the US Public Finance team and Madhavi Bokil of the Credit Strategy and Research team examine why states, local governments and other public finance issuers are generally positioned to withstand moderately rising inflation. Plus, Chris Yared and Michael Wertz discuss to what extent federal infrastructure funding will address the 44,000 US bridges in poor condition.  Related content on Moodys.com (some content only available to registered users or subscribers): Public Finance – US: US public finance issuers not immune from pressure if inflation persists past 2022State and Local Government– US: Federal money pours in to improve bridge conditions, but more needed in many statesMacroeconomics – Global: Russia-Ukraine crisis injects new risks into global economic outlookMacroeconomics – US: US labor market strength supports Fed tightening in March

In this latest episode of Masters of the Muniverse, Eric Kazatsky and Amanda Albright discuss the changing landscape of muni buyers with our guest is Sylvia Yeh, Co-Head of Municipal Fixed Income at Goldman Sachs Asset Management. We also look at how the rocket like growth in separately managed accounts is changing the way buyers look at tax-frees.

Nansis Hayek and Matt Cahill of the US Public Finance team discuss how the pandemic-driven telehealth surge is helping the challenged healthcare sector. Plus, analysts Baye Larsen and Ted Hampton explain how manufacturing computer chips in Ohio and electric vehicles in Michigan will help the Rust Belt. Related content on Moodys.com (some content only available to registered users or subscribers): Hospitals – US: Developments to watch: 2022State and Local Government – Ohio: Intel plant will give Ohio an economic boost; state aid to ease infrastructure pressureMichigan (State of): GM's BEV manufacturing initiative supports Michigan's auto industry, mitigating carbon transition risk

Matt Cahill and Beth Wexler of the US Public Finance team discuss financial challenges hospitals face from a shortage of nurses and other employees. Plus, Dan Seymour weighs in on how some smaller public finance issuers are recovering from pandemic-driven shutdowns.In this Episode:Matt Cahill and Beth Wexler of the US Public Finance team discuss financial challenges hospitals face from a shortage of nurses and other employees.  (begins at 1:23 mins)Dan Seymour weighs in on how some smaller public finance issuers are recovering from pandemic-driven shutdowns. (begins at 8:41 mins)Related content on Moodys.com (some content only available to registered users or subscribers): Not-for-Profit and Public Healthcare – US: Labor shortage worsens, straining profitability, as Delta and burnout persistHealthcare Quarterly, October 2021Public Finance – US: Municipal delinquencies, reserve fund draws and financial difficulties: Q3 2021

This Muniland edition, hosted by Municipal Strategist Eric Kazatsky, focuses on muni ETF industry.Neil Azous, PM for Rareview Tax Advantaged Income ETF (RTAI). discusses muni ETF industry, Closed End Funds and how being a new player in the industry can give edge.

Baye Larsen and Ken Kurtz of the US Public Finance team discuss how federal aid is buoying mass transit, but that a new normal awaits, with sector-wide ridership settling in below pre-pandemic levels. Plus, Val Gomez and Marcia Van Wagner explain how the pandemic has slowed progress toward gender equality in the labor force with implications for tax revenue and the housing market.Inside this episode:Baye Larsen and Ken Kurtz of the US Public Finance team discuss how federal aid is buoying mass transit, but that a new normal awaits, with sector-wide ridership settling in below pre-pandemic levels. (begins at 1:25) Val Gomez and Marcia Van Wagner explain how the pandemic has slowed progress toward gender equality in the labor force with implications for tax revenue and the housing market. (begins at 11:54)Related content:Mass Transit – US Outlook improves to stable with substantial federal aid and likely rebound in tax revenue - Federal assistance for transit in the 2021 American Rescue Plan Act will offset operating losses driven by low ridership and weak tax collections.Public Finance – US: Covid's hit to women's employment poses economic, social risks across public finance - The pandemic has slowed trends toward gender equality, eroding gains in women's earning potential. The economic and social risks to public finance vary but are credit negative overall.Webinar Series: MAY 18 - JUNE 17 | US Housing & Housing Finance ExecutiveJoin us for a series of spotlight discussions with senior leaders from a range of industries with exposure to the booming US housing market, from financial institutions, home builders and housing REITs, to home improvement retailers, real estate brokers, and housing finance agencies.REGISTER TODAY!  

Ted Hampton of the US Public Finance team discusses how the State of Illinois is weathering COVID-19's financial difficulties while pension obligations continue to weigh on its credit quality. Plus, Earl Heffintrayer and Myra Shankin of the Project and Infrastructure Finance team weigh in on the US airport sector's improving prospects as passenger levels pick up. Inside this episode:Ted Hampton of the US Public Finance team discusses how the State of Illinois is weathering COVID-19's financial difficulties while pension obligations continue to weigh on its credit quality. (begins at 1:36)Earl Heffintrayer and Myra Shankin of the Project and Infrastructure Finance team weigh in on the US airport sector's improving prospects as passenger levels pick up. (begins at 8:23)Related content:Illinois (State of): Update to credit analysis after outlook revision to stableIllinois (State of): Adjusted net pension liability to surpass $300 billion as source of credit stress worsensIllinois (State of): Appeals court ruling allowing challenge to validity of Illinois GO bonds is credit negativeAirports – US: Outlook revised to stable as passenger activity steady as COVID-19 surge wanesAirports - US: Recovery holds amid new travel restrictions as airports continue to restructure debtAirports – US: Airports reach short-term lease agreement extensions with airlines under similar terms

Inside this episode:Matthew Butler and Natalie Claes of the US Public Finance team discuss how better-than-expected revenue and a new wave of federal assistance spurred the outlook changes for US state and local governments in the face of the pandemic.   Related content:States – US Outlook improves to stable amid stronger budgetary picture and federal supportLocal Government – US Outlook changed to stable as revenue conditions improve, federal aid continues

In the inaugural episode of Moody's Talks – Muniland, Pisei Chea and Jared Brewster of the US Public Finance team discuss the effects of federal policies on states and higher education. Also, Susan Fitzgerald and Michael Osborn focus on how the pandemic's upheaval will affect the year ahead for colleges and universities, including enrollment and debt refinancing.Inside this episode:Pisei Chea and Jared Brewster of the US Public Finance team discuss the effects of federal policies on states and higher education. (begins at 1:52)Susan Fitzgerald and Michael Osborn focus on how the pandemic's upheaval will affect the year ahead for colleges and universities, including enrollment and debt refinancing. (begins at 9:10)Related content:Extended public health emergency maintains higher federal funding for states and hospitalsHigher Education: Federal policy changes would have material impact if enacted but prospects uncertainHigher Education – US: Debt strategies provide flexibility amid pandemic; some carry longer-term risksHigher Education – US: 2021 outlook negative as pandemic weakens key revenue streams

Welcome to Muniland! Hosted by Nick Samuels of the US Public Finance team, Muniland delves into the latest developments impacting the credit environment for states, local governments, healthcare, higher education and more. In each episode, Moody's analysts join Nick in exploring the ramifications of the pandemic, climate change, cyber risk, federal policy, pensions burdens and other deep-seated challenges. 

In KBRA’s inaugural Muni Spotlight Series episode, Van Hesser, Chief Strategist at KBRA, Karen Daly, Head of Public Finance/Financial Guarantors, Harvey Zachem, Managing Director, and Peter Scherer, Associate, discuss the American consumer, retail sales activity and observations about KBRA’s sales tax rated portfolio. COVID-19 has certainly left its mark economically, but highly effective vaccines give real hope to a normal return in 2021. As always, KBRA will continue to monitor its portfolio on a case by case basis.

Chuck Peck, head of public finance investment banking at Wells Fargo discusses how COVID-19 has changed the municipal bond market. Aaron Weitzman hosts.

Bloomberg Intelligence Senior Aerospace Analyst George Ferguson discusses earnings from Delta as the airline warned that worsening cost pressures are likely to linger into next year. Gabe Diederich, Portfolio Manager at Wells Fargo Asset Management, talks about investing in municipal bonds. Bloomberg News U.S. Senior Trade Editor Sarah McGregor and Rui Zhong, Program Associate at the Wilson Center’s Kissinger Institute, break down renewed U.S., China trade talks and why a partial deal could lead to a temporary truce on tariffs. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Projects and Investigations Reporter Lauren Etter explain why Juul is the new big tobacco. And we Drive to the Close with Chief Market Strategist at RiverFront Investment Group.  Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan.   

Bloomberg Intelligence Senior Aerospace Analyst George Ferguson discusses earnings from Delta as the airline warned that worsening cost pressures are likely to linger into next year. Gabe Diederich, Portfolio Manager at Wells Fargo Asset Management, talks about investing in municipal bonds. Bloomberg News U.S. Senior Trade Editor Sarah McGregor and Rui Zhong, Program Associate at the Wilson Center's Kissinger Institute, break down renewed U.S., China trade talks and why a partial deal could lead to a temporary truce on tariffs. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Projects and Investigations Reporter Lauren Etter explain why Juul is the new big tobacco. And we Drive to the Close with Chief Market Strategist at RiverFront Investment Group.  Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan.    Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

LIVE EVENT: Everything you wanted to know but were afraid to ask about cannabis and muniland by Debtwire Radio

This week on MuniLand, Brendan McGrail and BondLink's Director of Marketing, David Lewis, discuss Robert Slavin's story from The Bond Buyer about rating agencies and their role today. Learn about Slavin's findings plus an important new consideration for the industry - how certain marketing techniques can be applied to driving new bond sales.

This week on MuniLand, Brendan McGrail and John Murphy take a look at a growing issuance calendar that features deals of all sizes, sectors and ratings. As Murph points out, such a crowded market makes effective investor outreach even more critical for issuers looking to optimize their borrowing costs.

MuniLand host Brendan McGrail and BondLink’s Senior Manager of Business Development Tom Paolicelli discuss some of the unique features of the highly successful Municipal Finance Leadership Summit 2018. Plus, issuers, investors and panelists weigh in on the quality of this one-of-a-kind industry event.

With just a few days to go before Municipal Finance Leadership Summit 2018, MuniLand hosts Brendan McGrail and John Murphy discuss the agenda with Tom Paolicelli. There’s still time to register for this one-of-a-kind event.

This week on MuniLand, host Brendan McGrail welcomes BondLink’s Director of Product Patrick Sanders. Patrick offers his insights into why investors and issuers love BondLink’s platform, how they can get more out of it, and what may lay ahead on the product roadmap.And with Municipal Finance Leadership Summit 2018 just over a week away, Brendan and Patrick remind listeners to register soon for this one-of-a-kind event

With fewer banks buying municipal bonds, rates on the longest-dated securities are climbing – with 30-years rates up 20 bps in the last month. What’s behind this surge? How is this affecting issuers? Is this hurting muni performance?In this week’s episode of MuniLand, John Murphy and Brendan McGrail tackle these questions and more. Plus, a sneak peak into Murph’s upcoming blog and final preparations for the Municipal Finance Leadership Summit 2018 in Boston, featuring keynote speaker Rebecca Olsen, Acting Director of the SEC’s Office of Municipal Securities.

In this week's episode of MuniLand, John Murphy and Brendan McGrail take a look at the most-discussed issues during the Chicago Municipal Bond Club's annual event. Conversations abound regarding Chicago Mayor Rahm Emanuel's decision not to seek re-election, macroeconomic numbers tumbling look extremely positive, and supply continues to be light. What will all that mean for the muni market?In his inimitable fashion, Murph offers his tackles the questions uppermost in issuers' minds. Tune In!

Labor Day marks the unofficial end of summer, and the even more unofficial beginning of the fall selling season in MuniLand. Can we expect issuance to pick up immediately? Who will be buying if banks are culling their muni holdings? Will market technicals remain strong as supply begins to creep back up?Host Brendan McGrail and John Murphy discuss all this and more in the 10th installment of MuniLand. Tune In!

This week on MuniLand, host Brendan McGrail welcomes to the show Michael Histen, Director of User Experience and Product Design at BondLink. What makes a great IR website? Why are they so important? And how does an issuer go about creating one? With Michael's guidance, we tackle all that and more.

MuniLand delves into the municipal market in the week ending July 27. With new GDP and Personal Consumption numbers released on the macro level, are we seeing reaction in the muni space? Is the strong market performance continuing? And what should issuers take away from this week?Join Brendan McGrail and John Murphy in MuniLand to find these answers and more!

Fresh from his travels, John Murphy joins host Brendan McGrail in MuniLand to discuss the strong technicals in the market and whether current performance is just too good to be true.

MuniLand host Brendan McGrail welcomes BondLink Co-Founder and CEO Colin MacNaught to the show to discuss the new dynamics in the municipal bond market, the investor outreach tools available to issuers, and the importance of a long-term commitment to improved financial disclosure. MacNaught issued more than $25bln in municipal bonds for the Commonwealth of Massachusetts during his seven-year tenure as Assistant Treasurer for Debt Management. Now at the helm of his own company, MacNaught is on a mission for issuers.

With the Fourth of July holiday falling on Wednesday, new supply plummeted, but we're looking forward to next week's issues. Munis still look attractive as an asset class, and there's still a strong technical bid in the secondary market, so we're excited for the rest of the summer.Check out complete details of Murph's analysis of a holiday-shortened week in MuniLand on Episode 2.

In our inaugural podcast, we introduce our hosts, provide background on BondLink and take you through the details of the muni market in the week ending June 29.With the holiday next week, muni issuance may be low but performance is strong. Tune In!

Continuing the conversation in Extra Credit Chapter 2, S&P Global Ratings' Managing Directors Robin Prunty and Horacio Aldrete Senior Director and host Lisa Schroeer discuss major 2017 municipal issues and what to watch in 2018.

Continuing the conversation in Extra Credit Chapter 2, S&P Global Ratings’ Managing Directors Robin Prunty and Horacio Aldrete Senior Director and host Lisa Schroeer discuss major 2017 municipal issues and what to watch in 2018.