As the United States grapples with an evolving trade landscape, the construction and real estate markets find themselves in a precarious position. Recent actions by the Trump administration—including a hefty 25% tariff on imported goods like steel and aluminum from Canada and Mexico—are sending ripples through the industry, causing contractors to preemptively increase prices by
Saybrook Fund Advisors LLC has made waves in the high-yield municipal investment arena by bringing aboard seasoned portfolio manager Bill Black to spearhead their inaugural high-yield separately managed account (SMA) strategy. Black’s reputation precedes him; he’s been a key figure in high-yield portfolios since 1984, with a rich history working at respected firms such as
Recently, S&P Global Ratings made a notable revision to Kansas’ rating outlook, changing it from positive to stable. This pivotal decision marks the first instance where uncertainties stemming from federal policies under the Trump administration have directly influenced a state-level rating. Geoff Buswick, a managing director at S&P, indicated that state leaders are struggling to
As we navigate through one of the most turbulent economic periods in recent history, the erosive effects of President Trump’s tariff policies become increasingly transparent. The Federal Reserve’s recent decision to hold interest rates steady reflects a cautious optimism overshadowed by the uncertainty that tariffs introduce into the economy. While protecting domestic industries may seem
In an era when change is the only constant, it’s time to question the revered 60% stocks and 40% bonds investment portfolio. For decades, this conservative approach was hailed as the gold standard in wealth accumulation, offering a safety net of sorts in the stormy seas of economic uncertainty. Yet, as we navigate through unprecedented
As the political landscape shifts in Washington, D.C., city officials, state representatives, and various municipal bond issuers find themselves navigating a complex and increasingly precarious situation. The looming specter of tax reform poses an existential threat to tax exemptions on municipal bonds, particularly private activity bonds (PABs). With Congress actively deliberating on a significant tax
After years of turbulence, Boeing seems to be inching toward recovery, with recent statements from CFO Brian West painting a cautiously optimistic picture. The aerospace industry titan is not just singed by the fires of mismanagement and scandal but is also a company with potential to reestablish its once-stellar reputation. The first quarter of this
The National Basketball Association (NBA) appears poised to reignite the spark of a cultural phenomenon from the 1990s: “NBA Inside Stuff.” Through recent trademark filings, the league hints at a potential revival of the beloved highlight show, which captivated audiences across several networks, most notably from 1990 to 2006. The program, initially hosted by Ahmad
As we navigate through a world still reeling from the pandemic’s aftermath, the implications of government policies on public transit systems are becoming ever more pronounced. Following the Biden administration’s earlier allocations of funding aimed at revitalizing transit infrastructure, we’re now witnessing a sharp twist in the narrative. The expiration of this financial support is
The stock market is a complex ecosystem, often reflective of broader economic conditions, investor sentiment, and unforeseen global events. Recently, the S&P 500 saw its first significant correction of 10% since the previous summer, while various indices, ETFs, and individual stocks suffered even steeper declines. In challenging market environments, investors often find themselves in a