Is the ICU Ready for Municipals

We always exist in a world of contrasts. It just appears to be the case that the extremes are wider apart than what has been in our collective experience in the last fifty years. As investors, we lament the level of interest rates available in the market. The only way...

In the Waiting Room

I am not certain where the longer wait is these days. Is it staying in line for a Covid-19 test or waiting for Congress to act on another round of support for states and localities? I appreciate that there has been direct and indirect support. But now we are waiting...

New tools and rules for schools amid coronavirus

The start up of debate about the return to school has been quick out of the gates. All parties would prefer to see the children back in school to learn in a supportive environment. The administration has voiced its opinion forcefully on the matter in recent days....

New tools and rules for schools amid coronavirus

The start up of debate about the return to school has been quick out of the gates. All parties would prefer to see the children back in school to learn in a supportive environment. The administration has voiced its opinion forcefully on the matter in recent days....

Terminal Bars

Terminal Bars Whenever I took the train up to Riverdale, NY, I always passed the Terminal Bar. Just viewing the establishment made me smile on several levels. But, now the rapid reopening of bars especially has contributed to a spike in Covid-19 cases in a subset of...

Bailout Shaming

I have been reading about how we have the highest unemployment rate since the Great Depression even though it has moderated a bit recently. I also await the revisiting of the estimate of the decrease in GDP for the first quarter this Thursday. The reading of down 5%...