| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| Initial Jobless Claims | Sept. 1: 367,000 | Sept. 8: 370,000 | Sept. 8: 382,000 |
| Continuing Claims | Aug. 25: 3.332M | Sept. 1: 3.320M | Sept. 1: 3.283M |
| PPI | July: +0.3% | Aug.: +1.0% | Aug.: +1.7% |
| Core PPI | July: +0.4% | Aug.: +0.2% | Aug.: +0.2% |
| Treasury Budget | July: -$69.6B | Aug.: -$155.0B | Aug.: -$190.5B |
Illinois-based Bernardi Securities released an Environmental Risk Index that gauges relative environmental risk within municipal bond portfolios.
"We're basically engaging more of the bond market ecosystem in everything we do," said Mike Nicholas, CEO of the Bond Market Association.
Strong offerings and the promise of July redemptions are helping munis weather a rough UST market, according to NewSquare Capital's Kim Olsan.
A smoke-covered east Los Angeles for days evoked images of last year's wildfires that decimated the city. Cleanup around the massive cold storage facility is expected to take months.
The budget includes plans for transportation bonds to be sold over the next few years.
The state took nearly two years to publish its fiscal 2024 annual comprehensive financial report — and that was an improvement.
