Investors who make the leap toward greater use of alternative data will find that the quality and accuracy of their credit assessments will benefit from the use of alternative data when used in place of subjective or qualitative guesswork.
Calculations of the impact on municipal yields of tax rate cuts are a simplification of how prices are set in bond markets and should not be relied upon.
Attempts to boil down state government fiscal performance into bite size chunks can be Quixotic exercises, fraught with data problems and ripe for misinterpretation.