It has become apparent that even more creativity will be necessary to pass legislation in the upcoming Congress. The only problem is we do not have the luxury of time.

The loss estimates due to COVID-19 for states at $555 billion through June 30, 2022 and for cities at $360 billion could very well prove to be on the low side.

School financing still represents a relatively significant proportion of bond issuance. Cynics would say that given the strong market conditions, school paper will sell at tight spreads regardless of all the noise surrounding the sector.

Michael Rowan, CFA, managing director of global public, project and infrastructure finance at Moody’s Investors Service, talks about how COVID-19 is affecting the rating process. John Hallacy hosts.

Christopher Philips, CFA, head of Vanguard Institutional Advisory Services, discusses the importance of asset allocation during uncertain times as the coronavirus hits investors’ portfolios. He talks about looking at the fundamentals while distancing from the day-to-day value fluctuations. John Hallacy hosts this podcast, which was recorded March 20.

Unprecedented historic times require use of all collective knowledge. Van Hesser, chief strategist, and William Cox, senior managing director of corporate and government ratings at Kroll, maintain the mission of a rating agency does not change at times like this. However, there is a continuous effort to raise the bar on all they do. John Hallacy hosts.

With outflows occurring, Eric Kazatsky, muni strategist at Bloomberg Intelligence, maintains that muni appetite will vary directly with the credit hits that will be sustained in this environment. In some ways, he sees a return to pricing for the risk and the fundamentals. Taxable munis and ESG bonds will continue to gain in popularity. The future depends on the level of fiscal support in order to emerge from the crisis. John Hallacy hosts. Taped two weeks ago

Chris Brigati, managing director of Advisors Asset Management talks about approaching the market with strategies in mind, but adapting to the realities of today. He shares concerns over liquidity and the challenges for cautious investors. The session was recorded two weeks ago. John Hallacy hosts.

We are desperately trying to establish the bottom at present to provide a modicum of confidence that investors may stop raising cash and would be more inclined to put the cash horde back to work in the market.

Dan Aschenbach of AGVP Advisory LLP walks us through the more controversial developments regarding Santee Cooper, JEA, and PG&E. He suggests alternatives are winning but have the issue of reliability to consider. John Hallacy hosts.