Muni Minute
Issuers tapping the market in uncertain times, but with certainty of low rates.
It’s an odd, and unwelcome, test of new retail technology that allows consumers to shop with minimal interaction with others.
Other global health threats, such as SARS, did not have long-term impact on stocks. COVID-19 might be another matter.
Fear and worry are rampant. One client asked if any other client had recently returned from China.