East High School in Denver. Moody’s Ratings upgraded Denver Public Schools’ general obligation ratings ahead of an $806 million bond sale later this month.Adobe Stock Denver Public Schools will sell more than $800 million of bonds later this month, buoyed by a ratings boost from Moody’s Ratings, which cited the district’s strong management for the
0 Comments
A flight engineer performs a test flight in a CAE Inc. 7000 Series Boeing Co. 737-800 flight simulator at a CAE facility in Montreal, Quebec, Canada, on Tuesday, Aug. 13, 2019. Christinne Muschi | Bloomberg | Getty Images Company: CAE Inc (CAE) Business: CAE provides simulation training and critical operations support solutions in Canada, the
0 Comments
John Miller joined the boutique firm First Eagle Investments in late 2023 where launched a high-yield fund that climbed to $5 billion the first year with returns of almost 12%.First Eagle First Eagle Investment’s new high-yield municipal bond fund ballooned from scratch to more than $5 billion in its first year — and generated market-beating
0 Comments
“Quis custodiet ipsos custodes?” is the important question posed by the Roman poet Juvenal, translated by the English author Alan Moore as “Who watches the watchmen?”. But it is perhaps a question with a complacent implicit assumption. It presupposes that it is possible to watch the watchmen — and all that one needs to do
0 Comments
<img src=”https://public.flourish.studio/visualisation/21116027/thumbnail” width=”100%” alt=”chart visualization” /> Municipals could not ignore the sharp selloff in U.S. Treasuries Friday following the hotter-than-expected jobs report as both markets saw losses across the curve. Equities also closed with large losses as more market participants expect the data to temper Federal Reserve rate cuts.  The December jobs report took a
0 Comments
“The risks to the budget we are facing include stock market volatility, uncertainty around federal policy and tariffs, which could have some impact on California,” said Finance Director Joe Stephenshaw.California Department of Finance The devastating fires affecting Los Angeles took center stage Friday when California’s finance director presented Gov. Gavin Newsom’s proposed $322.2 billion budget.
0 Comments
<img src=”https://public.flourish.studio/visualisation/21101826/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady throughout most of the curve outside of small bumps on the short end while municipal bond mutual funds flipped back to inflows for the first week of the year. U.S. Treasury yields fell slightly and equities were mixed. Investors added $842.4 million to municipal bond mutual
0 Comments
Homes in Larchmont, in New York’s Westchester County, which received and S&P upgrade to AAA>Bloomberg News Westchester County is ringing in the new year with a new AAA rating from S&P Global Ratings.  S&P’s analysts cited growth in the county’s reserves, conservative budgeting and strong sales tax revenue as the reason for Tuesday’s upgrade from
0 Comments
<img src=”https://public.flourish.studio/visualisation/21085078/thumbnail” width=”100%” alt=”chart visualization” /> Municipals sold off Wednesday, with the largest losses out long, while U.S. Treasuries closed with small gains and equities were mixed after Fed meeting minutes showed a more cautious approach and slower pace to rate cuts. Muni yields were cut up to 12 basis points, depending on the curve,
0 Comments