January 2012 - Municipals Were Safe in 2011, Will Continue to be Secure in 2012 November 2011 - U.S. Local Government Credit Quality Remains Strong, Despite Focus on Outliers October 2011 - Municipal Investors Should Expect Sequestration September 2011 - Opportunities in Municipals Despite Bleak Economic Outlooks and U.S. Political Gridlock August 2011 - Washington’s Questionable Influence & Attractive Relative Value in Corporate Tax-Exempts July 2011 - Municipals Six Months After Whitney’s Doomsday Prediction and “Conduit” is NOT a Dirty Word May 2011 - Washington Will Not Target Tax-Exemption Despite the Current Fiscal Pressures April 2011 - Negative Rating Agency Moves Suggest Uncertainty and Worry About Surprise Downgrades
February 2011-Municipal Market is Recovering and Recent Labor Protests Have Not Spooked Investors
January 2011- Au Revoir to BABs, for Now - Investors Need Not Panic Amid Overblown Credit Concerns November 2010- 2010 Could be the Last Year for BABs and Drilling in the Marcellus Shale Might be Big for Pennsylvania September 2010 - State Tax Revenues Were Stronger Again and Harrisburg, PA Dodged a Default - 2010 May Be the Last Year for BABs August 2010 - Tobacco Sector Update and Pennsylvania’s Act 47 Program for Distressed Municipalities July 2010 - "Veritas Vos Liberabit" or "The Truth Shall Set You Free" June 2010 - Battle Uncertainty with Diversification April 2010 - In Like a Lamb and Out Like a Salt Marsh Harvest Mouse March 2010 - Market and Credit Commentary, Including a Section on Defaults & Bankruptcy February 2010 - Market and Credit Commentary, BABs and Damage to States Credits December 2009 - Municipal Market 2009 Year in Review September 2009 - Changes in the Municipal Market Since September 2008