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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.

States can still take necessary steps to make crucial changes to their budgets as the coronavirus pandemic hampers the economy.

Brodsky, who died of suspected complications from COVID-19, is remembered as a tenacious public official and a skilled debater.

The Municipal Liquidity Facility will purchase up to $500 billion of short-term notes.

The city is projecting a $100 million deficit in its current budget once the public health crisis caused by COVID-19 eases, Mayor Mike Duggan said.

The market appears to be moving toward some semblance of normal conditions as the new-issue pricings and moderating bid volume create a more stable tone.

The review by Moody's Investors Service comes as the district is working on new money and refinancing deals.

COVID-19 will have a lasting impact on economic prosperity, said Federal Reserve Bank of Chicago President Charles Evans.

He served a third of his career as a senior managing director of Citi’s Institutional Clients Group, a role from which he retired in June 2019.

Policymakers saw risks pointing to the downside and warranting a “forceful” response, according to a record of their emergency gathering on March 15.