The municipal bond market, traditionally a bastion of stability and tax-advantaged fixed-income investing, is showing signs of strain that many investors seem unwilling to fully acknowledge. As we move deeper into 2025, the sheer volume of new municipal debt issuance is reaching unprecedented levels. With an expected $50 billion in supply just for June and
Kansas lawmakers’ rush to extend the deadline for their bond program to lure the Kansas City Chiefs and Royals from Missouri reveals a dangerously misplaced priority: subsidizing billion-dollar sports projects with taxpayer-backed debt. While the stadium proponents frame this as a visionary economic development effort, the reality is that these public financing schemes rely heavily
The banking sector’s recent surge—particularly in JPMorgan Chase and Bank of America shares—has been hailed by many as an unstoppable rally fueled by deregulation, capital strength, and expansion in capital markets. Yet, beneath this veneer lies a harsh truth: current valuations soar to levels that imply an unrealistic future. JPMorgan, now trading at nearly 3
The luxury real estate market today is far from a monolith—it is starkly bifurcated between those with truly immense wealth and comparatively affluent, yet more cautious, buyers. Recent insights from Coldwell Banker validate what has long been an open secret: ultra-high-net-worth individuals (UHNWI), often defined as those with fortunes exceeding $30 million, remain remarkably undeterred
Recent developments in the municipal bond sector highlight a subtle yet significant shift that both investors and policymakers must carefully consider. While historically relegated to the background, today’s municipal bonds are starting to reclaim credibility and perform better relative to U.S. Treasuries. With U.S. Treasury yields generally declining, this sector is experiencing a tentative recovery,
The looming budget bill in Congress has sparked contentious debates among Senate Republicans, who are scrambling to shield rural hospitals from devastating Medicaid cuts. To the untrained eye, it may seem purely a fiscal matter; however, the implications extend beyond numbers on a ledger, touching the very fabric of society in rural America. For the
As we grapple with erratic climate patterns and an infrastructure that’s barely keeping up, the recent surge in Generac’s stock calls for a closer examination of our priorities. This generator manufacturing titan has taken Wall Street by storm, delighting investors with a share price jump of nearly 12% in one week alone. While it’s easy
The recent endorsement of Merck’s RSV vaccine by the Advisory Committee on Immunization Practices (ACIP) has stirred a tempest within public health discourse. Led by Robert F. Kennedy Jr., whose controversial history with vaccines heightens scrutiny, this committee’s recent recommendations for the use of the injectable antibody Enflonsia serve as a pivotal moment in immunization
In a decision that many experts warn could put countless homeowners at risk, the Trump administration’s intentions to scale back the Federal Emergency Management Agency (FEMA) present an alarming departure from the long-established norms of disaster recovery. The agencies designed to safeguard Americans during natural disasters are supposed to provide a safety net—a reassuring presence
In a defining moment for the U.S. housing finance system, the Federal Housing Finance Agency (FHFA) has mandated that Fannie Mae and Freddie Mac begin to factor cryptocurrency into their mortgage loan risk assessments. This directive, penned by FHFA Director William J. Pulte, marks a transformative juncture, enabling cryptocurrency to find a place within the