MUNI

Year In Review: 2023 ETF Predictions Report Card

Total active etf net inflows are over $100 billion for 2023. Mexico, taiwan, and brazil were some of the stand-out international equity markets in 2023, according to franklin templeton. Not even 1% of flows of equity inflows went to dividend strategies.

Weekly Report: what happened at MUNI last week (1120-1124)?

Positive Muni Returns Are Not A Sure Thing. A Look At The Risks For 2024

Munis have become more attractive as an investment opportunity due to weaker inflation readings and expectations for fed rate cuts in 2024. Munis continue to be my preferred area of choice for fixed-income. Tailwinds include a cooling of inflation and the expectations for a rate cut in 2024 - but there are risks too.

The Muni Turnaround - Munis Stage Big Comeback

The tax-free municipal bond market has staged one of the best comebacks since lazarus over the past month. Slowing inflation continues to help the bond market. The backdrop of higher treasury rates made municipal bond underwriters squeamish in the pricing of deals. The last fed meeting included signs of moderating in the economy.

Weekly Report: what happened at MUNI last week (1113-1117)?

Munis Offer Attractive Yields Into Year-End

Muni bonds posted their third consecutive month of negative total returns amid rising interest rates. The s&p municipal bond index returned -1.13% in october. Issuance increased 40% month-over-month and posted the largest monthly total of the year. A seasonal swell in issuance was well absorbed as investors seek attractive yields.

Muni Investors, Take Heed Of Fed Pause

The federal reserve has spent the last 21 months tightening monetary policy. Over the last seven fed rate cycles, municipal bonds dramatically outperformed t-bills after taxes over the next 12 months. With municipal yields at their highest levels in 15 years, the muni market presents an exceptional opportunity.

Weekly Report: what happened at MUNI last week (1106-1110)?