Markets

Luis Maizel is co-founder of LM Capital, an employee-owned minority business in California. Maizel, one of the nation’s few Mexican-born fund and income managers, says he doesn’t see a recession coming. He also looks at U.S. GDP, inflation, interest rates and credit spreads amid the uncertainty of the U.S. election and the coronavirus expansion. Chip Barnett hosts.

Gov. J.B. Pritzker unveiled a $42 billion general fund budget for fiscal 2020.

New deals started to flow in and take advantage of historic lows of muni yields and rates.

Little hint as to direction of future monetary policy moves.

Issuance is set to seesaw, as new-issue volume was the heaviest of the year last week, at almost 40% larger than 2019 weekly average. And this is expected to be one of the lowest-volume weeks of the year to date.

Drawing the distinction between the region and the city helps the city provide better revenue projections going forward.

A wide variety of muni bonds are being offered to buyers this week as issuers take advantage of high demand and low rates.

Lack of supply continues while professional money keeps market liquid.

Fitch Ratings dropped Immaculata University, in the Philadelphia suburbs, to BB-minus from BB.

With many economic indicators released Friday, the main takeaway is gross domestic product will struggle.