Month: June 2014

Crunch Time for Puerto Rico’s Public Corporations

Just when muni traders thought they could enjoy the tax-exempt market’s tremendous performance to date and just focus on World Cup drama, Puerto Rico is once again making the headlines. Earlier this week, the Governor and his staff made an about-face and threw their support behind a proposed law to restructure PR’s public corporations. At this writing, the proposed law was reportedly passed by the PR House at midnight on Wednesday night.

Municipals at Another Interesting Juncture

As we head into the mid-year mark, the municipal market has once again proven its resilience with a head-turning rebound coming on the heels of a disastrous 2013. Year-to-date through June 17, the S&P National AMT-Free Municipal Index is up an impressive 5.32%,...

5 Interactive Maps and the Questions They Answer

by Mardee Handler Dating back to the early explorers, maps were tools used to help uncover buried treasures... Now, many maps have become treasures in their own right. If a picture is worth a thousand words, an interactive map can often encapsulate an entire story,...

Puerto Rico: The View from the Ground

Given the disappointing downturn in Puerto Rico’s April Economic Indicators after several months of relative stability, we decided it was time we made it down to the Island and observed for ourselves what the real situation is on the ground. After all, there’s only so...

Archive By Date