Municipal New Issuance: With the Thanksgiving holiday this past week, muni issuance was very light with just $1.5 billion in issuance. The largest deals of last week were the $218 million KATY Texas Independent School District, followed by the $209 million Aerotropolis Regional Transportation Authority. Municipal Secondary Trading: With just four trading days last week, secondary trading totaled … Continued
The Credit markets in November experienced a robust new issue calendar, driven by both refinancing needs and M&A related activity. On the month we saw lower yields into month end and tighter spreads along with strong investor demand that helped to absorb the supply as deals were oversubscribed consistently for the month. The new issue … Continued
This year, our firm donated to three meaningful organizations in support of military veterans for Giving Tuesday: Final Salute Inc., which provides homeless women veterans with safe and suitable housing. Their programs, H.O.M.E and S.A.F.E, assist women Veterans and their children who are currently homeless, facing homelessness, or under financial strain. They also offer employment … Continued
Municipal New Issuance: Last week, the negotiated calendar for the week totaled to just over $9.5 billion with the largest deal being the $1.1 billion Houston Texas Airport for the United Airlines Terminal Improvement Project. The next largest deal of the week was the $775 million California Community Choice Financing Authority Clean Energy Project. AmeriVet served as a … Continued
Welcome to Talking Tuesdays. The new Issue calendar last week priced $45.9Bln topping expectations of $30-35Bln. Financial spreads in secondary paper were unchanged to 10Bps wider on light volume. We saw $2.8Bln of net client selling led by Financials, Health Care and Communications with Materials, Consumer Discretionary and Technology seeing net client buying. Estimate are … Continued
What a year, 2024. But we’re getting through it. Some said the Fed wouldn’t come down at all in 2024. We were not one of those. We live in a world of change. The pandemic exacerbated consumer thoughts. The evolution of technology playing an increasing role. Chair Powell struck the right tone last week in … Continued
Executive Summary Trump’s style is more pragmatic than ideological, more founded in his belief in his ability to influence international leaders through his personality than incentives. Trump will rapidly move on executive orders, some having immediate international impact. In the administration State will take the policy lead, followed by Defense. Region by region analysis indicates … Continued
AmeriVet’s Head of US Rates, Gregory (Greg) Faranello, CFA, joined Maria Bartiromo in the Fox Business Network studios on Mornings with Maria. Gregory provided his insights into the election and the most recent Fed meeting, plus what those events mean for the broader financial market.
Our Co-CEO Michael Naidrich and Head of US Rates Gregory (Greg) Faranello, CFA take a look at a Fed meeting that’s been a bit overshadowed in by the election in this news cycle. Please also join us Fox Business Network Maria Bartiromo the day after the Fed meeting to recap, discuss markets, and the Fed’s … Continued
Our Vice President of Veteran Engagement, Sidney Covington, LMSW recently attended the first annual iMentor Chicago Legacy of Mentorship Benefits Dinner, an event dedicated to celebrating the impactful relationships fostered through mentorship programs. The dinner brought together community leaders, mentors and mentees to honor the legacy of mentorship and its profound influence on personal and … Continued