
John Hallacy has a long tenure in the municipal business, predominantly as head of municipal research for Bank of America Merrill Lynch. John has also spent time as an analyst and manager at S&P Global, underwriter and marketer at four bond insurance companies, and has served as the head of MAGNY and president of the Society of Municipal Analysts.
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With a tax bill on the table that places the cost of tax cuts on the municipal finance market, the time to voice opposition is now.
November 3 -
After infrastructure and health care legislation failed to materialize, the municipal industry turns its attention to the potential benefits – and risks – of tax reforms now before Congress.
October 17 -
The storms force us to consider the value of public assets in everyday life, the prospects for rebuilding with municipal financing, and the effects on credit quality.
September 7 -
A Big Apple summer serves as a reminder of the need to invest in the grid.
August 22 -
General John F. Kelly’s arrival as the Chief of Staff at the White House is hopefully a harbinger of more positive action.
August 2 -
There are times when there is no better alternative to a tax increase.
July 11 -
As we await details on the president’s infrastructure program, the best approach is to study up on the alternatives -- and be patient.
June 20 -
Even though it is quite convenient to view events in Puerto Rico through the prism of a one-off, it is true that the Commonwealth and its agencies, authorities, and localities have been and continue to be part of this municipal market that we work in and invest in every day.
June 12 -
Increasing military funding at the expense of domestic programs is likely to have a profound impact on our sovereign nation.
May 26 -
Bankruptcies and defaults have taught the market that General Obligation bonds, once the bedrock credits, aren't all the same.
May 18