Investing municipal bonds regional economic strength in Florida

Regional economic strength in Florida and New York supports investing municipal bonds tied to transportation projects. Yield spreads to AAA munis narrowed 6 basis points this month, a bullish indicator for sector-specific investments. Management turmoil often means sell, no matter how good the franchise. I learned this with Estée Lauder. For years, the company had always bounced back. So when Covid-19 hit China, I assumed management would adapt again. Instead, they froze. Discover our views on the economy, markets and investment strategy by subscribing to our newsletter. Investing municipal bonds linked to green infrastructure projects gained 1.3% in Q2, outperforming general obligation bonds. ESG-focused funds are increasing allocations, which could push premiums higher ahead of the COP29 climate discussions.