In this month's Municipal Strategy Report we discuss recent editorial in the Wall Street Journal entitled “The Reason Behind the Obama Non-Recovery” that identifies the economic policies of the Obama Administration as a single cause for the severity of the recession and the slow rate of growth during the recovery.
Additionally, the MSR features the following:
- In “Facing Similar Problems, Pennsylvania and Louisiana Offer Interesting Alternatives for Investors” we examine credit challenges facing the two states. Both were able to close budget gaps for fiscal 2017, although out-year pressure remains, partly due to escalating pension liabilities and subpar economic growth.
- In “Modeling Municipal Mutual Fund Flows” we analyze Lipper fund flow data, one of the most watched metrics in the muni market, in an attempt to anticipate changes in the direction and level of fund flows.