Mini Muni Catchup 8/24

by Pat Luby

Just a short note…two important stories from today that I will comment on in next week’s Catchup:

Bloomberg Completes Acquisition of Barclays Risk Analytics and Index Solutions Business

Barclays fixed income indices are now part of Bloomberg. This is relevant to every mutual fund, SMA, CEF or ETF manager and trustees or fiduciaries. Having the historical index data available via the Bloomberg terminal could be really helpful.

Illinois Warns Of “Crippling Tax Hikes”, “Devastating Impact” If Largest Pension Fund Admits Reality

This article on Zero Hedge provides a great summary of some of the challenges that have to be confronted in Illinois–and, elsewhere too, of course. I’ll have more to add to this story too.

Have a great Friday and a good weekend. Watch for the regular Catchup next week!

Pat

Catchup Bottle 1132 by 468

This is not investment advice. The opinions expressed and the information contained herein are based on sources believed to be reliable, but accuracy or appropriateness is not guaranteed. Past performance is interesting but is not a guarantee of future results. Investments in bonds are subject to gains/losses based on the level of interest rates, market conditions and credit quality of the issuer. Indices are not available for direct investment, although in some cases, there may be ETFs available designed to track some of the indices shown. The author does not provide investment, tax, legal or accounting advice. Investors should consult with their own advisor and fully understand their own situation when considering changes to their strategy, tactics or individual investments. Additional information available upon request.
©2016 Patrick F. Luby
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