Last week, we were rudely reminded of the adage, "Be careful what you wish for," after reading a Wall Street Journal article entitled "Municipal Bond Fans Get...
Muni Bonds News and Perspectives
Below are bond market commentaries, strategies and analyses written by our municipal bond specialists. They are listed by date.
If you have any questions, please call us at 1-800-367-2663 or e-mail us.
Court Sides with Tobacco, Rejects Government’s $280 Billion Claim
A federal appeals court today rejected the government's attempt to force tobacco companies to forfeit $280 billion in profits. The ruling came in response to...
New Year Has a Familiar Ring
As we embark on a new year, we're hearing the same old song from Wall Street economists and the financial media. Now, just as they have been since the summer...
Minnesota Court Reinstates Lights Class Action
Although another class action tobacco case has been OK'd for trial, we still believe it will be hard to prove Philip Morris misled plaintiffs, or that they...
Bonds Make for Strange Political Bedfellows
They may not agree on much, but the Bush and Kerry camps have at least one thing in common: a strong affinity for tax-free bonds. According to the recently...
It’s Neither the Tortoise nor the Hare
We have received a number of e-mails recently from investors who were surprised by an Oct. 1 article in The Wall Street Journal titled "Bond's Tortoise...
Hurricanes Not Likely to Damage Credit in Florida
Florida's four hurricanes this summer resulted in record property damage, but they are not likely to damage credit quality. In quick succession, Hurricanes...
S&P Affirms ACA’s ‘A’ Rating
Standard & Poor's (S&P) affirmed its "A" rating of American Capital Access (ACA) with a "stable" outlook on the insurer. S&P's action, which it...
Feds to Get Their Day in Court, But They Have a Tough Road Ahead in Tobacco Suit
The Department of Justice's case against the tobacco industry is finally went to trial on Sept. 21. The underlying issues have not changed, and our opinion...
Another ‘A’ for California
It's unanimous! Following the lead of Moody's and Standard & Poor's (S&P), Fitch Ratings upgraded the rating of California General Obligation debt....
Start here.
Do you have specific criteria for bonds you’re looking for? Let us know and we’ll e-mail you bonds that fit your needs. There is no charge for this service.