Coronavirus

Marc Odo, client portfolio manager at Swan Global Investments, discusses the Federal Reserve’s emergency rate cut, why more easing may not help, the rocky road ahead, and why consumer confidence will be the key indicator to watch. Gary Siegel hosts.

State officials say fiscal 2020 revenues are on target and lay out fiscal 2021 prospects.

The world remains on edge about the rapidly spreading COVID-19 and those fears once again have Treasury yields digging down even deeper. COVID-19 fears have now impacted fund flows, as municipals suffers outflows for the first time in 60 weeks.

Tourism represents 17% of Hawaii's economy.

It was a busy day in the primary, as the markets continue to deal with crosscurrents of COVID-19 and election results.

Federal Reserve Bank of St. Louis President James Bullard said markets are wrong to assume that the central bank will cut rates again at the policy meeting in two weeks.

The Federal Open Market Committee cut the fed funds rate 50 basis points to a range between 1% and 1.25%. The decision to cut rates was unanimous.

Looming state budget cuts combined with the COVID-19 threat could have a negative impact on NYC's economy.

The Federal Open Market Committee cut the fed funds rate target 50 basis points to a range between 1% and 1.25%, it announced Tuesday.

The municipal bond market is in for another action-packed week, with above-average issuance and COVID-19 still spreading rapidly.

The state's projected budget surplus was raised to $1.5 billion, but officials are cautious over risks of economic slowdown and the impact of COVID-19.

Policymakers may not wait until their mid-month meeting and could act with other central banks.

Issuers tapping the market in uncertain times, but with certainty of low rates.

With each passing day, fears surrounding COVID-19 elevate as the equity sell-off pressed on. The biggest winners have and will continue to be muni issuers, as they are selling into a record low rate market.

Taxable bonds and COVID-19 are two of the main catalysts that helped February municipal bond volume ascend to its highest level since at least 1986.

The Federal Reserve is monitoring the COVID-19 issue and its economic effects, according to a release from the central bank, attributed to Chairman Jerome Powell, released Friday.

Federal Reserve Bank of St. Louis President James Bullard said the Fed is ready to act if the COVID-19 virus develops into a destabilizing force.

Municipal market technicals were already driving performance and so the strong quality bid has deepened the rally across the curve as the asset class really didn’t need to grab the U.S. Treasuries coattails all that tightly.

It’s too soon to judge the potential impact of the coronavirus outbreak on the U.S. economy or consider a monetary policy response, Chicago Fed President Charles Evans said.

Chris Mier, CFA of Loop Capital, says fiscal policy needs to achieve more at present and believes we are at a comfortable point in the credit cycle. Despite that conviction, he says the coronavirus will serve to slow growth. John Hallacy hosts.