The Latest: Municipal Strategy Report - February 2018
Is the Economy Veering Towards Greater Instability?
In this month's Municipal Strategy Report we discuss the risks of the next period of financial instability, even as the economy strengthens. Hyman Minsky described the process leading towards financial meltdown more clearly than the process that promotes prosperity. Nine years into a recovery, one wonders exactly where we are on the Minsky cycle.
Additionally, the MSR features:
- “Infrastructure Plan” that analyzes Trump Administration’s recently released $1.5 trillion infrastructure investment proposal.
- "Life Sciences Bring Jobs and Construction Growth, But Only to Certain Areas", that looks at the rise in life science jobs and the resulting boom in construction across five metro areas and states: San Francisco, Boston, Chicago, San Diego and New Jersey.
- "Will Cap-and-Trade Programs Fire Back Up?" that looks at the success of current cap-and-trade programs, new cap-and-trade initiatives, as well as arguments against implementing these programs.