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Q1 2025 Market Observations
The excitement after the election didn’t last long. Now, the stock market is feeling nervous. There’s talk about Tariffs, slower growth,...
Apr 114 min read


Tariffs: Always Bad for Bonds? Not so Fast.
In relationships, I try to avoid sweeping generalizations. You never  listen. I always  do the dishes. Why do you always ... (fill in the...
Feb 133 min read


How to Invest in Municipal Bonds
Municipal Bonds (Munis) are a staple of the US Fixed Income landscape. Munis, issued by governmental and quasi-governmental entities, are...
Jan 74 min read


Recession Watching
Amid a swirl of economic data and market turmoil over the past several months, forecasts of a recession have gained traction again. While...
Aug 28, 20243 min read


HY Munis Showing Strength in 2024
Municipal bonds have traditionally appealed to wealthier, risk-averse investors due to their tax-exempt status and historically low...
Jun 25, 20243 min read


CO Charter School Politics
House Bill 1363, introduced by Democrats on March 6th, aims to create more transparency and accountability for Colorado’s charter school...
Apr 10, 20242 min read


CO Muni Sector: Charter Schools
The municipal bond market offers investors a diverse array of credits, sectors, and structures. For many retail investors, a risk averse...
Feb 23, 20244 min read


The Lifecycle of a Metro District
The municipal bond market as an asset class offers investors a diverse array of sectors that constitute the backbone of infrastructure...
Dec 12, 20234 min read


CO Proposition HH: Considerations from a Muni Bond Investor
In the wake of the COVID-19 pandemic, Colorado's real estate market has seen property values soar resulting in a staggering 40% spike in...
Oct 30, 20234 min read


Munis on Capitol Hill
In March 2023, the House of Representatives introduced the Investing in our Communities Act, H.R. 1837, which would reverse a component...
Oct 19, 20232 min read


Muni Yield Curve Divergence
As of last night, the yield spread between a 30Y Treasury versus a 10Y Treasury is 0.07%. For Munis, the yield pick-up for buying a 30Y...
Sep 22, 20232 min read


Considering the Consensus
A famous billionaire investor recently publicly stated he is betting against 30-year US Treasuries for its attractiveness as standalone...
Aug 29, 20232 min read


Unraveling the Nuances of Trading Municipal Bonds
Welcome to the intriguing world of municipal bonds, commonly referred to as ‘Munis’, where the financial realm intersects with the public...
Jun 2, 20236 min read


Risk Radar: Evaluating Credit Risk in the Municipal Bond Market
Munis have earned a well-deserved reputation as a safer segment of the fixed income market over decades of lower default rates and higher...
May 25, 20237 min read


Bonding with Taxes: General Tax Considerations for Muni Investors
Widely known in the investment world for their tax-exempt status, municipal bonds (Munis) offer an avenue to generate tax-efficient...
May 4, 20235 min read


Retail Dominance and the Liquidity Premium
It is a widely known fact that the municipal bond market is dominated by retail investors. Less understood, however, is the influence...
Apr 18, 20235 min read


Municipal Bond Market: An Overview
Municipal bonds ( Munis) are an often overlooked but integral segment of the US bond market. Most investors are drawn to the asset class...
Mar 28, 20233 min read
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