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On the Critical List: State & Localities

We knew too well about how the recent discussions of the next phase would unfold. We are now beyond the 11th hour without a plan. While much of the debate has centered around the continuation of the Unemployment Insurance supplement as it should, there has been much...

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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...

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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...

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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...

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