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In a striking move that reverberates throughout the financial sector, Saybrook Fund Advisors LLC has enlisted the esteemed Bill Black to pioneer a high-yield separately managed account (SMA) strategy. His appointment is indicative not only of Saybrook’s ambition to expand its investment horizons but also highlights the burgeoning trend of SMAs in a realm traditionally
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Kansas is grappling with an increasingly unstable financial outlook, recently highlighted by S&P Global Ratings’ decision to downgrade its rating outlook from positive to stable. This shift is not just a mere blip on the radar; it signifies deep-rooted uncertainties tied to the federal government, particularly the turbulent policies emanating from the Trump administration. This
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In an increasingly complex political climate, the urgency for municipal bond-issuing entities to rally in Washington, D.C., cannot be overstated. Officials must understand that they are at a pivotal moment, one where their voices can either solidify the foundations of community development or see them crumble under bureaucratic indifference. As the debate heats up over
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The Federal Reserve’s decision to maintain interest rates on Wednesday comes as a stark reminder of the complex interplay between fiscal policy and the state of the economy. President Donald Trump’s trade agenda, particularly his tariff policies, is casting a long shadow over economic growth. The irony is striking; while inflation dipped recently, the impending
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As we navigate the complexities of public transit funding in the aftermath of the pandemic, it’s essential to recognize the precarious position that many transit authorities find themselves in. Funding streams, once buoyed by the ambitious Infrastructure Investment and Jobs Act (IIJA), are beginning to taper off, revealing cracks in an already fragile system. With
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