Munis: Post 2018 election outlook

MacKay Municipal Managers feels the outcome of the 2018 Midterm Election will be overall positive for the municipal market. As the market digests the outcomes from federal and state and local elections, as well as numerous ballot measures, uncertainty and volatility which the market experienced in the weeks leading up to the election will now be replaced with relief

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Nov 13, 2018

Beware the “Known-Unknowns”

October reminded us that markets can be volatile, with the S&P 500 dropping -6.84%, its worst one-month drop since September 2011...

Nov 9, 2018

The midterms are over; what comes next?

The 2018 midterm Congressional elections go in the book as the most expensive ever, with spending on...

Nov 9, 2018

What is hedge fund replication?

There are many kinds of hedge fund strategies in the market. HFR, a leading hedge fund industry research group, tracks four major categories...

Nov 7, 2018

Democrats take the House, Republicans keep the Senate

After months of a contentious and fierce political battle, one source of investor anxiety is mostly behind us...

Nov 2, 2018

Midterm elections: Five factors for muni investors to watch

While the national news media focuses on different horse races for control of the U.S. Congress, municipal bond...

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