The Bond Buyer reporters cover and discuss public finance with industry leaders.
Peter Keating and guests discuss the state of American infrastructure and how much the Biden Administration’s Infrastructure Investment and Jobs Act will move the needle when it comes to launching new projects.
City historian Larry DiCara discusses the breakthrough election of Michelle Wu as mayor, and recalls crises of yesteryear including the school busing chaos and the Blizzard of 1978. Paul Burton hosts. (26 minutes)
Jennifer Johnston, director of research, municipal bonds, at Franklin Templeton, talks with Chip Barnett about whether a “Great Migration” from cities like New York and San Francisco is really taking place or is it just an urban myth. (19 minutes)
New York State Comptroller Thomas DiNapoli discusses his COVID-19 federal funding tracker, and initiatives that range from transparency to pensions. Paul Burton hosts. (28 minutes)
Chuck Stavitski and Elaine Brennan of Roosevelt & Cross and Ken Bieger of the Niagara Falls Bridge Commission talk about how the Canadian border closing due to COVID-19 affected upstate New York issuers. Chip Barnett hosts. (16 minutes)
Jeffrey Cleveland, chief economist at Payden & Rygel, discusses the Federal Reserve’s upcoming meeting, inflation, what taper will mean, when the Fed might decide to lift off, and possible leadership changes. Gary Siegel hosts.
Neeraj Arora of Morgan Lewis explores trends and risks in energy storage and its continued growth during the pandemic. Paul Burton hosts.
Geoffrey Buswick and Todd Kanaster of S&P Global Ratings, talk with Chip Barnett about all things cryptocurrency. They look at why municipalities are getting into blockchain technology and crypto. What are the risks and rewards?
Challenges abound in meeting the needs of both investors and issuers in incorporating environmental, social and governance factors into the municipal market. Jasper Cox, Fixed Income Analyst at the PRI, Principles for Responsible Investment, gives insights into how the market can adapt.
Chris Johns and JT Thompson, portfolio managers at the Aquila Group of Funds talk about the possible return of a BABs-like program and if it’s good or bad news for the tax-exempt bond market. They also discuss infrastructure, tax-exempt advance refundings and monetary policy.
Rachael Fauss of watchdog organization Reinvent Albany has a wish list for New York's new governor, Kathy Hochul, that includes a culture shift in budgeting. "We don't want to see business conducted in the dead of night." Paul Burton hosts. (15 minutes).
With the 20th anniversary of the 9/11 attacks still fresh in our minds, Michael Barasch, managing partner at Barasch & McGarry, says less than 8% of the civilians who were in Lower Manhattan that day and the months after have registered for free federal programs offering health care protections and benefits. Municipal bond industry workers who work…
On the 20th anniversary of the Sept. 11 attacks, Howard Cure of Evercore Wealth Management and Andrew Rein of the Citizens Budget Commission share memories of that day, how New York managed the crisis and prospects today as the city looks to recover from the pandemic. Paul Burton hosts. (26 minutes)
Cooper Howard, director of fixed income strategy at the Schwab Center for Financial Research, talks with Chip Barnett about what municipal bond investors can expect in the second half of the year – low yields and strong fundamentals. He looks at continuing bond fund inflows, rising taxable issuance and compressed spreads. (14 minutes/Taped Aug. 3).…
John Ceffalio, Senior Municipal Research Analyst at CreditSights, talks with Chip Barnett about what to expect in the second half of the year. He discusses municipal bond market fundamentals, credit and climate disclosure. And he looks at the pandemic’s long-term risks for U.S. cities as the work-from-home culture becomes stronger and how higher ed…
Kentucky Gov. Andy Beshear talks with Chip Barnett about economic progress the Commonwealth has made this year and how the state-local government partnership strengthened during the pandemic. He describes the heartbreaking human cost of the virus, the deadly toll it took on residents and why the Delta variant is a continuing cause of concern. (14 m…
Deputy budget director David Womack explains what generates investor confidence in the city. Paul Burton and Chip Barnett host. (14 minutes)
Joe Kalish, chief global macro strategist at Ned Davis Research, discusses his thoughts on when the Federal Reserve will announce it will cut back on its asset purchases, the possibility of Chair Jerome Powell’s renomination and what to expect from the Jackson Hole summit. Gary Siegel hosts (27 minutes)…
New York City budget director Jacques Jiha says proactive moves such as building reserves helped the city weather COVID-19 fiscal challenges. Paul Burton and Chip Barnett host. (23 minutes)
Ed Moya, senior market analyst for the Americas at OANDA, talks with Bond Buyer Managing Editor Gary Siegel about the upcoming FOMC meeting, inflation, the possibility of tapering and the future make-up of the Fed in a wide-ranging discussion on the economy and monetary policy. (31 minutes)
S&P’s Tiffany Tribbitt and Geoffrey Buswick talk with Chip Barnett about what municipalities can do to counter the growing threat of cyber attacks and what steps cities and states can take after an incident happens. (15 minutes)
Joseph Krist, publisher of Muni Credit News, explores state budgets, federal aid, climate change and cybersecurity. Paul Burton hosts. (34 minutes)
State Treasurer Shawn Wooden discusses the state's across-the-board bond rating upgrades, its immediate challenges and initiatives such as "CT Baby Bonds." Paul Burton hosts. (19 minutes)
John Hallacy, founder of John Hallacy Consulting LLC, talks with Chip Barnett about the pandemic’s lingering credit impacts on state finances in a wide-ranging discussion of the many issues affecting the municipal market today. (17 minutes)
Adam Andrzejewski, CEO and founder of transparency organization OpenTheBooks.com, pinpoints examples of wasteful government spending and "filthy rich" communities and institutions getting federal bailout money. Paul Burton hosts (15 minutes).
In Part 2 of this special series, Northeast Regional Editor Paul Burton and guests Anthony Figliola, Andrew Rein and Nicole Gelinas discuss what the next New York mayor will inherit and what's needed to win back businesses and tourists. (11 minutes)
In Part 1 of this special series, Northeast Regional Editor Paul Burton and guests Nicole Gelinas, Anthony Figliola and Andrew Rein explore what this year's New York mayoral race means for the city and its people, investors and business leaders. (15 minutes)
Todd Cipperman, founding principal of Cipperman Compliance Services, talks with Chip Barnett about the rise of cryptocurrencies and how cities like Miami are looking to integrate them into day-to-day functions. He also talks about the regulatory outlook for cryptocurrencies. (15 minutes).
Sheila King of Eagle Asset Management talks with Chip Barnett on the growing importance of environmental, social and governance issues for municipal governments. She gives examples of what works and what doesn’t and why it matters. (14 minutes)
Eli Dvorkin of the Center for an Urban Future suggests how New York City can save millions by improving its capital construction process. He also examines the city's tech growth. Paul Burton hosts. (23 minutes)
Tom Kozlik of Hilltop Securities explores federal guidance over rescue aid use, whether states and local governments are ready to allocate the funding, and how a "golden age" could loom for public finance. Paul Burton hosts. (20 minutes)
Andrew Rein of the Citizens Budget Commission and Howard Cure of Evercore Wealth Management dive into the city's operating and capital budgets. Paul Burton hosts. (38 minutes)
Regina Egea, president of the Garden State Initiative, analyzes New Jersey's fiscal landscape, including the proposed state budget, unfunded pension liability and deficit borrowing. Paul Burton hosts. (20 minutes)
Jim Robinson, portfolio manager of the Robinson Tax Advantaged Income Fund at Liberty Street Advisors, talks about the changing ways investors should view stocks and bonds. Within the municipal bond market, closed-end municipal bond funds may represent a particularly attractive opportunity. Robinson notes that at a time when the cost of leverage is…
Natalia Quintero of the Partnership for New York City discusses the Transit Tech Lab accelerator program, which involves the MTA and other regional transportation agencies. Paul Burton hosts. (14 minutes)
Roddy Devlin, a partner at Nixon Peabody, explores President Biden's $2.3 trillion bill, which he says "dwarfs anything we've seen for decades." Paul Burton hosts. (23 minutes)
Jack Janasiewicz, senior vice president, portfolio manager and portfolio strategist at Natixis Investment Managers Solutions, DISCUSSES inflation and why there is disagreement on whether it will become an issue this year. He discusses how stimulus money and the employment situation factor in. Gary Siegel hosts. (Taped March 9) 30 minutes.…
Susan Courtney, head of the Municipal Bond Team at PGIM Fixed Income, talks inflation, muni credit in COVID times and infrastructure. Lynne Funk hosts.
Sam Turvey of ReThinkNYC explores ways to make New York's Pennsylvania Station complex more functional and aesthetic. Paul Burton hosts (17 minutes).
Veneta Dimitrova, senior U.S. economist at Ned Davis Research, says the COVID pandemic showed us the government has more fiscal space than thought. She also discusses inflation, housing, the manufacturing sector, global supply chain challenges and the Fed’s balance sheet. Hosted by Gary Siegel. Taped Feb. 24. (32 minutes)…
Alan Rubin of Blank Rome Government Relations examines the Texas grid fiasco and resilience concerns nationally, including California and the Northeast. Paul Burton hosts. (17 minutes)
The rise of machine learning. Continued growth of electronic trading. Intensifying automation. Stephanie Sparvero, Global Head of BVAL Evaluated Pricing at Bloomberg talks about these issues and more in how the muni market is charting a changing muni landscape. Lynne Funk hosts. (30 minutes)
Paul Gray, co-founder of IronHold Capital, links the unfunded liability problem to bad public policy decisions and bad hedge-fund actors. Paul Burton hosts (13 minutes).
Hank Smith, head of Investment Strategy at Haverford Trust, discusses the upcoming Federal Open Market Committee meeting, the coronavirus pandemic, inflation, and economic growth. He says, “at some point the Fed will have to acknowledge the economy may really take off.” (Taped March 2. 26 minutes)
The pandemic has caused some special circumstances for state and local governments in juggling their finances. Jeffrey Previdi, the vice-chairman of the Governmental Accounting Standards Board who spent more than 20 years of his career at Standard & Poor’s Ratings Services, talked to us about what his regulatory organization has done to assist them…
A year after COVID disrupted the markets, Sylvia Yeh and Scott Diamond, co-heads of fixed income at Goldman Sachs Asset Management discuss their strategies for 2021 and the important role of retail, consider the new regime in Washington, and contemplate where ESG fits into their portfolio as the muni market incorporates the burgeoning investor inte…
Greg Sullivan of Boston's Pioneer Institute explores the migration from Massachusetts and Connecticut to lower-tax states, and the ripple effects of a lawsuit regarding cross-state remote employees that could reach the U.S. Supreme Court. Paul Burton hosts. (13 minutes).
In a wide-ranging conversation, Manulife Investment Management Global Chief Economist & Global Head of Macroeconomic Strategy Frances Donald discusses the COVID pandemic, inflation, how the markets may be misreading the Fed, why economic indicators may not be telling economists what they need to know, ESG and green spending, and the economy. Gary S…
Jonathan Bowles of Center for an Urban Future explores how New York City could benefit from a green public works program. He also calls for unlocking the potential of CUNY and improving the city's capital construction process. Paul Burton hosts (17 minutes).
From the return of advanced refundings to a direct-pay bond option, Michael Decker and Brett Bolton highlight the work the Bond Dealers of America are focused on in 2021, and the challenges and ultimate resilience of the municipal market since the onslaught of COVID.