In the 4Q 2019 issue of our quarterly publication, we:Provide an overview of performance in the 4Q 2019 municipal market.Explain why demand is outpacing supply, municipal yield curves are flattening, and credit spreads are tightening.Explore why muni issuers are flocking to the taxable market.Supply is in demand Municipal fixed income returns for 2019 were strong in the fourth quarter and among the best of the decade for the full year.
In the February issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, where he delves into both the known risks and an unanticipated risk like the coronavirus epidemic (which originated in China but has spread to nearly 30 countries thus far) and explains their potential market and economic outcomes, as well as how it all fits into our portfolio positioning and house view for 2020.
February 3, 2020 — The novel coronavirus originating from the populous city of Wuhan, China, continues to progress, with still-unclear implications for global economies and markets. Since our Wilmington Wire post last week discussing the topic, the number of reported cases globally has more than quadrupled to 17,489 across 24 different countries, with 362 deaths reported, at the time of writing. All but one of these deaths has occurred in China.