US Consumer Confidence Falls
Bloomberg Intelligence
Consumer Confidence and Municipal Bonds
This chapter explores recent trends in consumer confidence, noting a decline attributed to concerns about future economic stability, despite a strong labor market. It also analyzes the municipal bond market's record issuance and projections for growth, highlighting the importance of proactive investment in infrastructure and climate adaptation. The discussion emphasizes the unique characteristics of borrowing practices in this sector and the potential implications of federal policy changes.
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