Municipal Bond Credit Report: Pandemic highlights need for reserves
Municipal Bond Credit Report: More than 1,000 members of the Government Finance Officers Association watched and listened to expert advice Tuesday on how to estimate highly uncertain events, like natural…
Municipal Bond Credit Report: Illinois passes budget that hinges on borrowing through Fed program
Municipal Bond Credit Report: Illinois lawmakers passed a $40 billion budget for fiscal 2021 that relies on up to $5 billion of borrowing through the Federal Reserve’s new short-term borrowing…
Municipal Bond Credit Report: The Stock Market and Consumer Sentiment Are Telling Different Stories
Municipal Bond Credit Report: Stocks have rebounded dramatically off their March lows, while consumer sentiment is hovering near the lowest level in nearly a decade. The divergence is one of…
Municipal Bond Credit Report: As Coronavirus Lockdown Rules Ease, Some Want to Keep Working From Home
Municipal Bond Credit Report: As states begin to lift the stay-at-home restrictions put in place to combat the coronavirus pandemic, some workers now say they are just fine working from…
Municipal Bond Credit Report: New home sales rose slightly in April, defying expectations of a huge 22% drop, as prices fall
Municipal Bond Credit Report: In one of the brightest economic readings since the start of the coronavirus pandemic, sales of newly built homes rose nearly 1% in April compared with…
Municipal Bond Credit Report: Western Economies See Biggest Slump Since Financial Crisis
Municipal Bond Credit Report: The world’s developed economies saw the largest fall in output since the global financial crisis in the first three months of the year, as governments began…
Municipal Bond Credit Report: U.S. Home-Price Growth Accelerated in March
Municipal Bond Credit Report: Home-price growth accelerated in March, even as home sales dropped after the coronavirus pandemic shut down economic activity in some regions… Link to Story
Municipal Bond Credit Report: Mortgage Credit Tightens, Creating Drag on Any Economic Recovery
Municipal Bond Credit Report: With interest rates falling to the lowest level on record, this should be a banner time for households in search of a new mortgage… Link to…
Municipal Bond Credit Report: For Economy, Worst of Coronavirus Shutdowns May Be Over
Municipal Bond Credit Report: Truck loads are growing again. Air travel and hotel bookings are up slightly. Mortgage applications are rising. And more people are applying to open new businesses……
Municipal Bond Credit Report: Chicago Catholic Archdiocese rating slashed on mounting fiscal strains
Municipal Bond Credit Report: Already under strain from the financial weight of sexual misconduct claims, the Catholic Archdiocese of Chicago took a three-notch downgrade from Moody’s Investors Service reflecting the…
