Tag Archives: Moody’s

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BondBuyer – Lower tuition rates may mean more downgrades in FY 2020

Author: , Post Date: November 18, 2019
Cumberland-Advisors-Patricia-Healy-In-The-News

Excerpt from… Lower tuition rates may mean more downgrades in FY 2020 By Sarah Wynn Nov 18, 2019 Some analysts have decided to stick with highly rated bonds in the higher education sector. “The higher education area, depending on if it’s public or private has seen some declines (in enrollment) over the years, especially in […]

4Q 2018 Credit Commentary and a Look Ahead to 2019

Author: Patricia Healy, CFA, Post Date: January 8, 2019
Cumberland Advisors - Q4 2018 Credit Commentary and a Look Ahead to 2019

Has The Municipal Credit Cycle Plateaued? Many positive indicators suggest that the municipal credit cycle has yet to plateau. Upgrades continue to outpace downgrades; the US economy is still growing; federal tax reform boosted revenues in fiscal 2018; and rainy day funds or reserve levels in many localities are strong. However, pressures continue to confront […]