Rebuilding America: Muni Mid-Year Update

As the administration and Washington, DC work through the agenda, MacKay Municipal Managers believes there will be more clarity and activity related to infrastructure spending in late 2017 and 2018. In the meantime, additional P3 projects continue to be developed in various stages, with over $25 billion of new projects being awarded and expected to begin construction within the next

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Jul 19, 2017

Three Reasons Why Investors Should Consider Small Caps

After solid performance in the 2nd half of 2016, U.S. small caps have struggled relative to their large-cap peers...

Jul 18, 2017

Is Your Bond Index in Trouble?

When it comes to core fixed income, the universal benchmark is the Bloomberg Barclays U.S. Aggregate Bond Index (“the Agg”). Many investors simply accept...

Jul 17, 2017

Are Bank Loan Repricings All Priced In?

Amid target Fed Fund rate increases by the Federal Reserve, investors have flocked to bank loan funds due to...

Jul 17, 2017

Small Companies, Big Opportunities?

Small-cap stocks rapidly appreciated on an absolute and relative basis, following the 2016 U.S. presidential election. Trump’s victory and an onslaught of positive economic...

Jul 7, 2017

Global Interest Rates Rise on Improving Economic Data

After falling for most of the year, the U.S. 10-Year Treasury yield reached 2.13% on June 26 – its lowest level of...

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