The Latest: Municipal Strategy Report - November 2018
Fed Sees Path, But Do They Know Where It Leads?
In this month's Municipal Strategy Report we discuss whether Fed's expectations reflected in their Summary of Economic Projections (SEP), if they were to occur, imply a change in policy over the forecast period.
Additionally, the MSR features:
- "Midterm Election Analysis,” which discusses the new political dynamic in Washington and the outlook for federal legislation in 116th Congress.
- "Election Ballot Measure Results," which looks at the results of tax and bond initiatives in three key states: California, Colorado and Texas.
- "Airline Pressure Ahead—Domino Effect for Airports and Investors"; US airlines now face reversal of fundamental performance trends with negative implications for certain airports and municipalities.