“It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.”
- Charles Darwin (1809-1882) English Naturalist
The tax exempt market, more so than any other sector of the domestic fixed income market, has undergone tremendous change since the financial crisis of 2008‐ change which Castleton views as structural in nature. Continue reading
With the first quarter of 2013 now official, we remind you of the recently enacted federal tax increases. On January 2nd of this year, the American Taxpayer Relief Act of 2012 (ATRA) was officially signed into law, introducing the first major tax increase in 20 years. Continue reading
In a November 30th article in The Wall Street Journal, EJ Reinoso provides commentary to Jason Zweig on our view of the muni market. The article is available to WSJ subscribers here.
In a July 7 New York Times article, Tara Siegel Bernard outlined a few of the many reasons why assuming that your financial professional will make investment decisions in your best interest can be a dangerous assumption–especially in a brokerage relationship. We encourage all of our clients and friends to read this article and consider the potential conflicts of interest that may exist for your investment portfolio.
EJ Reinoso provides commentary to Bloomberg News following S&P’s downgrade of U.S. credit, in this morning’s article “Muni Market Prepares for Loss of AAA Ratings as S&P Downgrades U.S. Credit.” The article is available here.
May 7, 2011. Ed Reinoso shares his thoughts with Intelligent Investor columnist Jason Zweig of the Wall Street Journal on the latest talk of municipal bonds losing their tax-exempt status. The article, “How Long Will the Tax Break on Municipal Bonds Last?” is available by clicking here.
March 30, 2011. EJ Reinoso is interviewed regarding the current state of the municipal bond market by Pulitzer Prize-winning author James B. Stewart in his column Common Sense, appearing in the April, 2011 issue of SmartMoney magazine. The article is available here.
February 9th, 2011. Ed Reinoso comments on the New Jersey downgrade by S&P. A link to the article is here.
January 12, 2011. EJ Reinoso vs Meredith Whitney on the risk of widespread default in municipal finances. A link to the article is here.
January 5th, 2011. EJ Reinoso is quoted by Bloomberg reporter Alexis Leondis in the article “Bond Flight Means Investors Miss Riskier Fixed Income for Higher Yields” regarding his thoughts on recent activity in tax-exempt and taxable corporate bonds. The article is available here.