Markets

Despite a positive employment report last week, Chair Powell predicted a slow recovery with COVID-19 still not under control.

Siddharth Singhai, chief investment officer at IronHold Capital, explores how pension funds can choose better money managers. Paul Burton hosts. (16 min.)

As the long Labor Day holiday beckoned, munis remained mostly steady in quiet trading. Cal trades up.

The August employment report was better than anticipated, which could impact the stimulus package being negotiated in Washington, analysts say.

Moody's cited high leverage and fixed costs attributable to the city's pension and other post-employee benefit plans. Voters decide on new bonds in November.

Charles Evans, president of the Federal Reserve Bank of Chicago, said the economy won't be back at pre-pandemic levels until near the end of 2022.

Refinitiv Lipper reported $139.364 million of muni fund inflows, the 17th week in a row of positive results, but the lowest gain since July.

Nick Bucklin, vice president and portfolio manager at Franklin Templeton, talks with Chip Barnett about ESG investing and why municipal green bonds are an important component of an investor’s portfolio. (19 minutes)

The Florida State Board of Administration Finance Corp. deal was upsized by $1 billion on a day that gave muni buyers a wide variety of paper to choose from.

Briefs from the U.S. Department of Transportation and the passenger railroad argue that private activity bonds for the Florida project were allocated correctly.