by John Hallacy | Feb 24, 2022 | Articles
Municipal Adaptations The municipal market is no stranger to absorbing and reacting to negative news and other related developments. We have had a sharp change in tone in the market. Flows to the mutual funds have now been negative for several reports. Rates have...
by John Hallacy | Jan 7, 2022 | Articles
I had to take a break at the end of last year due to hand surgery and a bout of omicron consecutively. The hand surgery was a bit easier to recover from. Thank goodness for my two vaccinations and the booster. I have no doubt that I would have more of a...
by John Hallacy | Dec 12, 2021 | Articles
Extended Deadlines Will the real deadlines please come forward? The December 3 deadline has come and gone, and we now have an extension until February 18 on the budget. Getting past calendar year end is probably a clever idea but what happens come February? The nation...
by John Hallacy | Nov 12, 2021 | Articles
We have had two recent developments in the macro sphere that will greatly influence municipals over time. The two major influences are the commencement of the Fed tapering and the passage of the infrastructure bill. Another development has been the spike in the...
by John Hallacy | Oct 13, 2021 | Articles
On deck: a December to Remember Once again, we have a delay in the debt ceiling consideration. It is a good development to dial back on the intensity of the debate for the time being. We know that the real consideration will not fade during this time. I keep asking...
by John Hallacy | Sep 28, 2021 | Articles
Inflection Point has arrived We have known that we have been due for a change in the markets for some time. We may ascribe some weights to the many different factors that are providing the critical catalysts for the change. The factors are not easily put on an ordinal...
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