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Muni Bond Expert Talks Black Monday, Puerto Rico
Tuesday, August 25, 2015 - 1:35pm | 434Read More...Cate Long was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Trading municipal bond funds during a massive market-wide sell-off like the one seen on Monday may not be a top priority for most investors. However, Cate Long, a municipal...
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Oppenheimer Likes This Mortgage LP - A 'Tax Advantaged' Yield Over 12%
Wednesday, May 13, 2015 - 10:14am | 872Read More...If the Holy Grail for income investors is a dependable, high-yielding, tax-exempt dividend; then small-cap America First Multifamily Investors LP (NASDAQ: ATAX) is certainly worth a closer look. On May 11, Oppenheimer & Co. released a quarterly update maintaining its Outperform rating on...
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Why Detroit Won't Open A 'Floodgate' Of Municipal Bankruptcies
Wednesday, November 12, 2014 - 10:34am | 423Read More...Last Friday was a great day for Detroit, according to Cate Long, after a Federal judge approved the city’s bankruptcy exit plan. “It looks like the judge will sign off on this pretty quickly, and then Detroit can get to the business of implementing their new financial structure,...
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#PreMarket Prep Guest List For The Week Of November 10, 2014
Saturday, November 8, 2014 - 8:10pm | 1043Read More...This week’s #PreMarket Prep broadcast will include analysis of REITs, high-frequency trading and municipal bonds. Be sure to tune in at 8:00 am EST Monday-Friday here to tune in. Monday, November 10, 8:35 a.m. Kenny Polcari (@KennyPolcari), Director of NYSE Floor Operations for O'...
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Markets Reverse Early Morning Losses; Still Lower On The Day
Thursday, August 28, 2014 - 4:40pm | 2611Read More...U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...
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Is It Time To Sell Out Of Longer Term Municipal Bonds?
Tuesday, August 19, 2014 - 10:32am | 779Read More...Longer-term municipal bonds with maturities of around 15 years to 25 years looked very attractive at the beginning of the year as they yielded the same or more than comparable taxable bonds. That's rare. Normally tax-free bonds yield less than comparable taxable bonds in nominal terms,...
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Detroit And Other Municipal Bond Markets You Should Know About
Tuesday, July 1, 2014 - 4:38pm | 1213Read More...The previous governor of Michigan should have placed Detroit in bankruptcy years ago, according to Reuters financial blogger Cate Long. “It was a really bad move to let it fester as long as it did,” she told Benzinga. Long writes about retail fixed income markets, including...
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Buy 'Dividend Aristocrats,' not Municipal Bonds
Friday, November 8, 2013 - 4:27pm | 579Read More...In a recent article in The Wall Street Journal, Mike Cherney reported that investors were buying up municipal bonds due to yields increasing. "Municipal bonds," he wrote, "have long attracted individual, or retail, investors because interest payments from them are generally exempt from income...
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Go Beyond Detroit for Muni ETFs Real Potential Problems
Friday, July 19, 2013 - 3:07pm | 758Read More...Detroit, once the fourth-largest U.S. city, filed for Chapter 9 bankruptcy protection Thursday, marking the largest municipal bankruptcy in U.S. history. The Motor City has $18.5 billion in long-term debt and news of Detroit's bankruptcy has predictably cast a dark cloud over the already fragile...
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Muni Bond ETFs Wither on Tax Talk
Wednesday, December 12, 2012 - 5:05pm | 628Read More...One of investors' favorite asset classes in 2012 got cold dose of fiscal cliff reality on Wednesday as municipal bond ETFs faltered on news both parties are willing to change the tax-exempt status of municipal-bond interest in an effort to dodge the fiscal cliff. As was reported earlier this year...
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6 Things to Do With the Money You Save This Year
Wednesday, January 11, 2012 - 3:45pm | 628Read More...So we've told you how to save...now what? 1. Look to municipal bonds. High quality munis, at 2 1.2% tax free versus nothing in the bank. Bonus! Plus, if you buy municipal bonds in your home state, interest may be tax exempt not only on the federal level, but on your state’s income tax too....
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Fifteen Bond ETFs Trading Near 52-Week Highs
Wednesday, August 3, 2011 - 10:04am | 1118Read More...iPath U.S. Treasury 10-year Bull ETN (NYSE: DTYL) is up nearly 30% year to date. The investment seeks to replicate the performance of the Barclays Capital 10-Year U.S. Treasury Futures Targeted Exposure index, which is designed to increase in response to a decrease in 10-year Treasury note yields...
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California Muni Bonds - Is The Reward Worth The Risk? (Part 2)
Wednesday, June 1, 2011 - 4:47am | 900Read More...California holds a special place in the United States. With GDP ranked above Brazil and Spain, California comprises almost 13% of the US GDP. It is the headquarters for house-hold names like Apple, Inc. (NASDAQ: AAPL), Google (NASDAQ: GOOG), Intel (NASDAQ: INTC), Gap (NYSE: GPS), The Walt Disney...
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California Muni Bonds - Is The Reward Worth The Risk? (Part 1)
Wednesday, May 25, 2011 - 12:36am | 636Read More...For investors who do not know what a municipal bond is, it is a bond issued by a US city or other local government , or their agencies, and the income generated is typically exempted from federal and state tax. Because of the tax incentive, municipal bonds usually have lower yields than corporate...
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How Will Muni Bond Defaults Affect The Average Joe?
Wednesday, January 12, 2011 - 9:49am | 123Read More...On CNBC this morning, banking analyst Meredith Whitney explained how the average Joe will be affected by the anticipated municipal bond defaults. “It absolutely affects you as a taxpayer,” Whitney said. “Whenever your state is under-funded, you as a taxpayer are legally obligated to make up the...
