-
Recent Posts
Recent Comments
Archives
- March 2023
- November 2022
- October 2021
- August 2021
- March 2021
- February 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- September 2019
- August 2019
- June 2019
- July 2017
- April 2017
- March 2017
- February 2017
- November 2016
- August 2016
- July 2016
- June 2016
- April 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- January 2015
- December 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- January 2012
- November 2011
Categories
Meta
Author Archives: David
Fed’s Bullard Says Next Interest Rate Hike `May Not Be Far Off’
By Steve Matthews (Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank could be getting close to raising interest rates again, after it opted to take a pass on a rate hike last … Read more
State and Local Governments Lose Battle against Federal Preemption
GFOA Newsletter Tuesday, February 16, 2016 Despite strong sustained opposition from GFOA and other groups representing local government, Senate leaders announced a legislative deal that would compromise local governments’ ability to deliver essential services to their communities. Senators dropped their … Read more
U.S. House Approves Bill to Classify Muni Securities as High Quality Liquid Assets
GFOA Newsletter: Tuesday, February 2, 2016 On February 1, the House voted to approve HR 2209, bipartisan legislation that would require federal regulators to classify all investment-grade, liquid, and readily marketable municipal securities as high quality liquid assets (HQLA). This … Read more
Reserves Remain Short of Pre-Recession Levels in Most States
January 05, 2016 By Alex Boucher and Matt McKillop States have made halting progress in rebuilding their financial cushions since the Great Recession. Overall, states had enough money in general fund budget reserves in fiscal year 2007—just before the economic … Read more
Bob Doll’s 10 predictions for 2016
By Jeff Benjamin Coming off a 2015 prediction record of seven correct out of 10, Robert Doll, chief market strategist at Nuveen Asset Management, is advising an overweight in equities this year but warning of a bumpy ride ahead. As … Read more
Moody’s: US state and local government outlooks are stable for 2016
Global Credit Research – 04 Dec 2015 New York, December 04, 2015 — The 2016 outlook for both US states and local governments remain stable as the continuing recovery of the US economy drives moderate tax revenue growth, Moody’s Investors … Read more
States Ended Fiscal 2015 on Strong Note; 2016 Forecasts Less So
GFOA Newsletter, December 10, 2015 State tax revenues grew by 6.8% in the second quarter of 2015, the final quarter of the fiscal year for 46 states, according to the most recent State Revenue Report of the Nelson A. Rockefeller … Read more
Fed’s Big Three Expected to Reinforce December as Liftoff Option
Yellen, Fischer and Dudley all set to speak publicly Wednesday Officials may seek to end period of confusion in markets By Christopher Condon (Bloomberg) — Federal Reserve Chair Janet Yellen and her top two lieutenants, all speaking publicly Wednesday, … Read more
Fed Rate-Increase Odds Drop Below 10% for October, Futures Show
(Bloomberg) — The bond market shows traders see only an 8 percent chance the Federal Reserve will raise interest rates at its Oct. 27-28 meeting following weaker-than-expected employment growth. Treasury 10-year notes ended five days of gains Monday as stocks … Read more
Bond Market’s Dilemma Isn’t So Bad After All
by Liz McCormick, Daniel Kruger, Kasia Klimasinska For bond investors worried about what might happen when the Federal Reserve starts whittling down its $2.46 trillion of Treasuries, there’s good news. You’ll barely even notice. The central bank plans to … Read more