Chicago Transit’s Looming Fiscal Cliff: A $730 Million Problem in the Making
In 2026, Chicago’s transit network, the veins and arteries of the nation’s third-largest metropolitan economy, will face its most severe financial test in decades.
Jayden is an experienced writer, bond manager and a professor of Finance in California. His writing primarily focuses on a variety of factors influencing the municipal markets, with deep insights for his readers & investors. In addition to writing and teaching, he also manages a bond portfolio (totaling over $700 mil) for a local municipality in California.
In 2026, Chicago’s transit network, the veins and arteries of the nation’s third-largest metropolitan economy, will face its most severe financial test in decades.
In 2026, Chicago’s transit network, the veins and arteries of the nation’s third-largest metropolitan economy, will face its most severe financial test in decades.
When most people think about building wealth, their minds go to stocks, real estate, or even private equity. But in today’s market environment, municipal bonds are quietly offering some of the best after-tax income opportunities we’ve seen in a generation.
When most people think about building wealth, their minds go to stocks, real estate, or even private equity. But in today’s market environment, municipal bonds are quietly offering some of the best after-tax income opportunities we’ve seen in a generation.
While many sectors within U.S. public finance are expected to maintain stable credit quality heading into 2025, emerging credit pressures could begin to impact performance and key rating metrics in the near term.
While many sectors within U.S. public finance are expected to maintain stable credit quality heading into 2025, emerging credit pressures could begin to impact performance and key rating metrics in the near term.
We will take a closer look at the impact of climate change on municipal and state governments and the progress towards evolving municipal debt landscape
We will take a closer look at the impact of climate change on municipal and state governments and the progress towards evolving municipal debt landscape
As the rate cycle turns, fiscal pressures evolve, and the political climate remains fluid, municipal bond market participants must reassess their risk and reward appetite to better understand the evolving environments.
As the rate cycle turns, fiscal pressures evolve, and the political climate remains fluid, municipal bond market participants must reassess their risk and reward appetite to better understand the evolving environments.
Donald Trump’s presidency could shake up municipal bonds. Changes to corporate tax rates and the SALT deduction might push demand for tax-exempt bonds in high-tax states, while an infrastructure push may spark new bond issuance.
Donald Trump’s presidency could shake up municipal bonds. Changes to corporate tax rates and the SALT deduction might push demand for tax-exempt bonds in high-tax states, while an infrastructure push may spark new bond issuance.
As borrowing costs decrease, municipalities are likely to increase debt issuance and accelerate infrastructure projects, creating investment opportunities in municipal bonds.
As borrowing costs decrease, municipalities are likely to increase debt issuance and accelerate infrastructure projects, creating investment opportunities in municipal bonds.
Express lanes with dynamic pricing represent a sophisticated approach to modern traffic management.
Express lanes with dynamic pricing represent a sophisticated approach to modern traffic management.
We will discuss the ramifications of elevated interest rates and inflation on local governments, particularly regarding their inclination toward municipal debt issuances.
We will discuss the ramifications of elevated interest rates and inflation on local governments, particularly regarding their inclination toward municipal debt issuances.
We will take a closer look at how local and state governments share the fiscal strain created by the influx of migrants in the United States.
We will take a closer look at how local and state governments share the fiscal strain created by the influx of migrants in the United States.
Lower interest rates in 2024 could spell good news for municipal bonds. Favorable tax policy changes in a presidential election year could also work in favor of municipal bonds.
Lower interest rates in 2024 could spell good news for municipal bonds. Favorable tax policy changes in a presidential election year could also work in favor of municipal bonds.
Explore the potential of U.S. utility bonds in today's challenging market. Discover how these essential service providers offer a stable investment opportunity, with muni bond ETFs yielding 2.5% or more.
Explore the potential of U.S. utility bonds in today's challenging market. Discover how these essential service providers offer a stable investment opportunity, with muni bond ETFs yielding 2.5% or more.
We will review different municipal debt issuers in the U.S. and the importance of understanding the inner workings of issuing agency in order to adequately assess the potential risk-reward relationship.
We will review different municipal debt issuers in the U.S. and the importance of understanding the inner workings of issuing agency in order to adequately assess the potential risk-reward relationship.
We will take a closer look at some positive trends we are seeing in fixed income markets and potential opportunities for municipal debt investors.
We will take a closer look at some positive trends we are seeing in fixed income markets and potential opportunities for municipal debt investors.
We will take a closer look at the resource strain presented by the issue of homelessness on local governments.
We will take a closer look at the resource strain presented by the issue of homelessness on local governments.
Receive email updates about best performers, news, CE accredited webcasts and more.
Aaron Levitt
|
As investors face rising volatility and tighter spreads in traditional fixed income markets,...
Jason Kirsch
|
Retirement decumulation — drawing down a portfolio without running out — demands a...
Jason Kirsch
|
Activist investors are increasingly targeting closed-end funds trading at wide discounts to NAV,...