In recent years, the pressing issue of climate change has propelled states across the U.S. to revamp their infrastructure financing strategies to better prepare for extreme weather and environmental threats. The increasing need for climate-resilient infrastructure is expected to trigger a significant surge in municipal bond issuance over the next decade, as outlined by Pew
0 Comments
In the ever-evolving landscape of the stock market, small-cap stocks have recently emerged as the undeniable stars, showcasing their prowess on Wall Street. Their impressive rally this past week underscores both the resilience of the so-called ‘Trump trade’ and the investors’ prevailing optimism surrounding a potential second term for Donald Trump. This phenomenon reflects broader
0 Comments
The world of cryptocurrency has seen numerous highs and lows, but one standout performer in recent times is Bitcoin. As October 2023 reaches its zenith, Bitcoin has approached unprecedented value levels, particularly fueled by fresh optimism surrounding regulatory changes and market acceptance. While the cryptocurrency space generally wrestles with volatility, several factors have converged to
0 Comments
As the municipal bond market approaches the Thanksgiving holiday week, traders are sensing a cautiously optimistic atmosphere, marked by modest trends in trading activity and a favorable backdrop for tax-exempt securities. The sentiment is reflected in the little movement observed in triple-A municipal bond yields, which have remained stable for an impressive nine consecutive sessions.
0 Comments
The ever-evolving dynamics of wealth distribution are presenting new narratives, particularly as women increasingly carve out a significant space within the upper echelons of the billionaire class. Recent findings from the Altrata Billionaire Census reveal that out of a staggering 3,323 billionaires worldwide, women make up about 13% of this elite group, totaling 431 individuals.
0 Comments
The municipal bond market, often seen as a bastion of stability during turbulent economic periods, displayed remarkable resilience in its latest performance. In a recent report, municipal bonds experienced little change despite significant inflows into municipal mutual funds, which amounted to over $1 billion. This inflow reflects the ongoing investor confidence in the municipal bond
0 Comments
On a notable Thursday, the Consumer Financial Protection Bureau (CFPB) made a significant announcement that could reshape the landscape of nonbank financial services. In a definitive move, the CFPB finalized a rule that will extend its supervisory reach to nonbank entities offering financial services, particularly those involved in payments and digital wallet applications. This new
0 Comments