http://podcast.derivactiv.com Brought to you by Municipal Market Advisors. This Boston-based independent strategy, research and advisory firm concentrates on the municipal bond industry. Tom Doe, founder and CEO, or Matt Fabian, Managing Director, will review with a host the past week's activities and provide insight into what to expect in the municipal bond market. © 2009 DerivActiv PodTractor by OneUpWeb Wed, 12 May 2010 12:11:00 -0400 Fri, 30 Jul 2010 01:23:47 -0400 en-us info@derivactiv.com info@derivactiv.com http://www.derivactiv.com/images/MMALogo-150.gif http://podcast.derivactiv.com MMA Research News Brought to you by Municipal Market Advisors. This Boston-based independent strategy, research and advisory firm concentrates on the municipal bond industry. Tom Doe, founder and CEO, or Matt Fabian, Managing Director, will review with a host the past week's activities and provide insight into what to expect in the municipal bond market. DerivActiv municipal, muni, bond, public, finance, research, advisory, fixed, income, tax, exempt, business, news, bonds DerivActiv info@derivactiv.com no Tom Doe Founder and CEO and Matt Fabian Managing Director and Lead Analyst of Municipal Market Advisors discuss municipal market performance in March, the recalibration of municipal ratings to the global scale, and the likelihood of a permanent extension of BABs. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/DoeFabian04-12-2010/mp3/DoeFabian04-12-2010.mp3 Mon, 12 Apr 2010 17:35:00 -0400 http://podgarden.podtractor.com/106/373/12083 BJ Rosenberg Tom Doe Founder and CEO and Matt Fabian Managing Director and Lead Analyst of Municipal Market Advisors discuss municipal market performance in March, the recalibration of municipal ratings to the global scale, and the likelihood of a permanent extension of BABs. 16:49 March municipal bond market, higher yields at month end, significant migration of assets from tax-exempt money market funds to municipal bond funds, investors liquidated, fund redemptions, April 15th filing date, history is just repeating itself once again, BAB program, municipalities borrowing aggressively, era of leverage, tax-exempt, new leverage being adopted by state and local governments, rating agencies, safe sector municipals, far more issuers who can be categorized as high grade, institutional investors, hedge, eligible for individual investors, more liquid in the secondary market, GO credits, trend towards commoditization, more uniformly rated, Build America Bond program, will be extended, subsidy payments, IRS political battle, deficit problem not a debt funding problem, sovereigns, default activity, very low, Tom Doe, Matt Fabian, Municipal Market Advisors, Jim Towne, DerivActiv, MMA MuniCast podcast no Tom Doe Founder and CEO and Matt Fabian Managing Director and Lead Analyst of Municipal Market Advisors discuss municipal market performance in February, liquidity is still an issue, and negative headlines about the imminent collapse of the municipal market are greatly exaggerated. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/DoeFabian03-11-2010/mp3/DoeFabian03-11-2010.mp3 Thu, 11 Mar 2010 17:53:00 -0500 http://podgarden.podtractor.com/106/373/11790 BJ Rosenberg Tom Doe Founder and CEO and Matt Fabian Managing Director and Lead Analyst of Municipal Market Advisors discuss municipal market performance in February, liquidity is still an issue, and negative headlines about the imminent collapse of the municipal market are greatly exaggerated. 17:03 February Municipal Market, trend of low volatility, relative dearth of tax-exempt product, secondary selling, positive cash flows in funds, Build America Bonds, refunded issues, continuing to reduce the amount of tax-exempt issuance, Haitian and Chilean earthquakes, property and casualty sector, insured losses, trend of being at least stable, BAB subsidy payments, Harrisburg, Pennsylvania, incinerator, political willingness, municipal credits are far superior to anything available in the corporate bond world, negative headlines, credit spreads, bond insurer, tender option bond programs, TOB, value at risk, VAR, need strong dealer interference, Tom Doe, Matt Fabian, Municipal Market Advisors, Jim Towne, DerivActiv, MMA MuniCast podcast no Tom Doe Founder and CEO and Matt Fabian Managing Director and Lead Analyst of Municipal Market Advisors discuss municipal market performance in January, the potential permanent extension of the Build America Bond program, and changes in the regulation of money funds. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/DoeFabian01-10-2010/mp3/DoeFabian01-10-2010.mp3 Wed, 10 Feb 2010 16:43:00 -0500 http://podgarden.podtractor.com/106/373/11299 B.J. Rosenberg Tom Doe Founder and CEO and Matt Fabian Managing Director and Lead Analyst of Municipal Market Advisors discuss municipal market performance in January, the potential permanent extension of the Build America Bond program, and changes in the regulation of money funds. 11:33 January Municipal Market, absolute yields remain pretty low, investment flows into mutual funds, price volatility extraordinary low, negative price bias, lower yields, supply-demand imbalance, February 15th and April 15th negative price bias, BABs, Build America Bonds, a permanent extension of the BAB program will greatly increase demand, prospects for issuance will increase, 30-day supply number, light calendar, subsidy, payment default, few in that traditional muni safe sector area, improving the money fund industry, post-Lehman collapse in money funds everywhere, Tom Doe, Matt Fabian, Municipal Market Advisors, Jim Towne, DerivActiv, MMA MuniCast podcast no Tom Doe Founder and CEO of MMA and Matt Fabian Managing Director and Lead Analyst of MMA discuss municipal market performance in December, the outlook for Build America Bond reauthorization, and supply and demand expectations for 2010. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/DoeFabian01-13-10/mp3/DoeFabian01-13-10.mp3 Wed, 13 Jan 2010 18:55:00 -0500 http://podgarden.podtractor.com/106/373/10831 Johan Rosenberg Tom Doe Founder and CEO of MMA and Matt Fabian Managing Director and Lead Analyst of MMA discuss municipal market performance in December, the outlook for Build America Bond reauthorization, and supply and demand expectations for 2010. 16:02 December Municipal Market, Treasury yields rose dramatically, January 2010 still a little bit of weakness, BABs, Build America Bonds, reauthorization is almost guaranteed, refund tax-exempt bonds, CREBs, QZABs, QECBs, foreign ownership of BABs, regulatory reform, credit is continuing to get worse, payment defaults, general obligation, more downgrades coming this spring, a very real hope for rating reform, disclosure reform for municipals, state and local governments borrowing an awful lot more money, Tom Doe, Matt Fabian, Municipal Market Advisors, Jim Towne, DerivActiv, MuniMarket Pulse podcast no Tom Doe Founder and CEO of Municipal Market Advisors, discusses November’s positive momentum and high volume of municipal issuance. Also; negative headlines made it tough for the high yield sector. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe12-07-09/mp3/Doe12-07-09.mp3 Mon, 07 Dec 2009 16:44:00 -0500 http://podgarden.podtractor.com/106/373/10425 B.J. Rosenberg Tom Doe Founder and CEO of Municipal Market Advisors, discusses November’s positive momentum and high volume of municipal issuance. Also; negative headlines made it tough for the high yield sector. 16:55 Municipal market, rally, followed by correction, followed by rally, mutual funds and separate managed accounts, extending out the yield curve, positive momentum, Build America Bond Program, Barron’s, investment community, Weeden Group, NAV, economic realities states were facing in their budgets, opportunity in December, December 1 reinvestment, higher taxes, year-end rally, BAB market, taxable munis for pension liabilities, tax reform, increase taxes, communicating to investors, get money into the tax-exempt sector, better disclosure, EMMA, MSRB, regulation of derivatives, development deals in Florida, Tom Doe, Founder and CEO, Municipal Market Advisors, Jim Towne, MuniMarket Pulse podcast no Matt Fabian, Managing Director of Municipal Market Advisors, discusses the reasons he doesn’t believe there is a “looming collapse of the municipal market.” Also; recent earnings statements show that bond insurers are still in trouble. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian11-18-2009/mp3/Fabian11-18-2009.mp3 Wed, 18 Nov 2009 18:21:00 -0500 http://podgarden.podtractor.com/106/373/10222 Johan Rosenberg Matt Fabian, Managing Director of Municipal Market Advisors, discusses the reasons he doesn’t believe there is a “looming collapse of the municipal market.” Also; recent earnings statements show that bond insurers are still in trouble. 8:10 Municipal market, Weeden Press, stock shorting, for governmental issuers to default, they would have to choose to do so, OPEBs and debt funding, unfunded liabilities, pension system, tax revenues, diverted from infrastructure spending, stock market, soft liability, a rebound from the extreme spread compression, institutional mutual funds, California paper, spreads are widening, MBIA, AMBAC, Assured Guaranty, MSRB, municipal scale ratings, global corporate scale ratings, Matt Fabian, Municipal Market Advisors, Jim Towne MuniMarket Pulse podcast no Tom Doe Founder and CEO of Municipal Market Advisors talks about the mid-October market correction, underfunded pension obligations of states, and the SEC’s push for better financial disclosure by municipal issuers. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe11-09-2009/mp3/Doe11-09-2009.mp3 Mon, 09 Nov 2009 19:07:00 -0500 http://podgarden.podtractor.com/106/373/10144 Johan Rosenberg Tom Doe Founder and CEO of Municipal Market Advisors talks about the mid-October market correction, underfunded pension obligations of states, and the SEC’s push for better financial disclosure by municipal issuers. 16:21 Municipal secondary market, losses were 30% to 60% of all the gains, Treasury prices rose sharply, divergence between the Treasury and municipal markets, imbalance between supply and demand, no liquidity, fear of higher income taxes, underfunded pension obligations, financial disclosure among municipal issuers, SEC, Mary Shapiro, secondary trading, signs of weakness, demand component not up to supply, CBO, JCT, eliminating tax-exemption, FOMC, dealer inventories are not moving, property taxes, tax collection significantly off, Tom Doe, Founder and CEO, Municipal Market Advisors, Jim Towne, MuniMarket Pulse podcast no Matt Fabian, Managing Director of Municipal Market Advisors, discusses market tone and potential legislative changes including ratings reform and a more balanced MSRB. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian11-02-2009/mp3/Fabian11-02-2009.mp3 Mon, 02 Nov 2009 15:22:00 -0500 http://podgarden.podtractor.com/106/373/10102 Johan Rosenberg Matt Fabian, Managing Director of Municipal Market Advisors, discusses market tone and potential legislative changes including ratings reform and a more balanced MSRB. 11:59 Municipal market supply, yields, October, lower rated, demand has stabilized, plain vanilla, healthcare, governmental, acceptable short-term product for money funds, LOC, SBPA, MSRB, industry participant-focused, SEC, municipal industry in the context of consumer protection, BAB renewal, reauthorization, 35% subsidy, unsophisticated issuers, retail investment, Matt Fabian, Municipal Market Advisors, Johan Rosenberg, MuniMarket Pulse podcast no Matt Fabian, Managing Director of Municipal Market Advisors, discusses the correction in the municipal market, the worsening credit situation for state and local governments, and the high concentration of Build America Bond issuance by the State of California. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian10-26-2009/mp3/Fabian10-26-2009.mp3 Mon, 26 Oct 2009 13:35:00 -0400 http://podgarden.podtractor.com/106/373/10054 Johan Rosenberg Matt Fabian, Managing Director of Municipal Market Advisors, discusses the correction in the municipal market, the worsening credit situation for state and local governments, and the high concentration of Build America Bond issuance by the State of California. 11:34 Yields have been rising, correction, credit spreads, institutional, mutual fund investors, risky type, high grade, credit situation keeps getting worse, California, budget, Puerto Rico, budget gap, defaults, municipal defaults, multi-family housing, land speculation, Jefferson County Alabama, Florida dirt deals, BAB issuance, Build America Bonds, tax-exempt debt, BAB reauthorization, Matt Fabian, Municipal Market Advisors, Cynthia Heneage, MuniMarket Pulse podcast no Tom Doe Founder and CEO of Municipal Market Advisors, discusses the continuing strong performance of municipals in September. Also, municipal ETFs are growing and ratings reform has resurfaced. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe10-09-2009/mp3/Doe10-09-2009.mp3 Fri, 09 Oct 2009 10:54:00 -0400 http://podgarden.podtractor.com/106/373/9906 Johan Rosenberg Tom Doe Founder and CEO of Municipal Market Advisors, discusses the continuing strong performance of municipals in September. Also, municipal ETFs are growing and ratings reform has resurfaced. 16:21 Municipal bond performance, September, inflows into mutual funds, tax-exempt money funds, bond funds, pursuit of yields by individual investors, Massachusetts, California, Build America Bonds, municipal ETFs, troubled credit, equity gains, MSRB, testified before Congress, self-regulatory, FINRA, ratings reform, Tom Doe, Municipal Market Advisors, Jim Towne, MuniMarket Pulse podcast no Matt Fabian, Managing Director of Municipal Market Advisors, discusses why muni funds represent seven of the top ten performers in the quarter. Also; BABs are contributing to a scarcity situation in the traditional tax-exempt market. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian10-2-09/mp3/Fabian10-2-09.mp3 Fri, 02 Oct 2009 17:14:00 -0400 http://podgarden.podtractor.com/106/373/9815 Johan Rosenberg Matt Fabian, Managing Director of Municipal Market Advisors, discusses why muni funds represent seven of the top ten performers in the quarter. Also; BABs are contributing to a scarcity situation in the traditional tax-exempt market. 7:47 Muni Funds representing seven of the top ten performers in the quarter, performance, tremendous amount of interest from mutual fund investors, safer investments, state and local credit quality, fourth quarter performance, budgets, safe-sector municipal issuers, Build America Bonds, scarcity situation in the market, concentration of Build America Bond issuance in Texas and California, Matt Fabian, Municipal Market Advisors, Jim Towne, MuniMarket Pulse podcast no Matt Fabian, Managing Director of Municipal Market Advisors, discusses the surge in supply and strong performance in the muni market. Also; the strong retail market is a direct consequence of the Lehman collapse. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian9-22-2009/mp3/Fabian9-22-2009.mp3 Tue, 22 Sep 2009 14:14:00 -0400 http://podgarden.podtractor.com/106/373/9717 Johan Rosenberg Matt Fabian, Managing Director of Municipal Market Advisors, discusses the surge in supply and strong performance in the muni market. Also; the strong retail market is a direct consequence of the Lehman collapse. 6:46 Giant surge of supply , confidence in the money market funds, tax-exempt money funds, corporate tax prepayments, Treasury guarantee program, implicit guarantee, Treasury, Lehman crisis, retail market is a direct consequence of the Lehman collapse, California RANs, long-term rating, Matt Fabian, Municipal Market Advisors, Jim Towne, MuniMarket Pulse podcast no Matt Fabian, Managing Director of Municipal Market Advisors, discusses the tremendous demand in the muni market from mutual funds, new buyers of Build America Bonds, and individual investors. Also; high yield funds offer “tremendous returns.” http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian9-15-09/mp3/Fabian9-15-09.mp3 Tue, 15 Sep 2009 15:17:00 -0400 http://podgarden.podtractor.com/106/373/9647 Johan Rosenberg Matt Fabian, Managing Director of Municipal Market Advisors, discusses the tremendous demand in the muni market from mutual funds, new buyers of Build America Bonds, and individual investors. Also; high yield funds offer “tremendous returns.” 8:17 Tax-exempt bonds at incredibly low yields, recovery of the market, lower yields, Treasuries, fixed income, mutual fund inflows, unprecedented levels, high yield municipal bonds, Build America Bonds, rally in Treasuries, municipal defaults, industrial development bonds, Matt Fabian, Municipal Market Advisors, Jim Towne, MuniMarket Pulse podcast no Tom Doe Founder and CEO of Municipal Market Advisors, says the municipal market had its best August performance in five years. Also, the industry is in a pretty healthy position heading into the end of the year. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe9-02--09/mp3/Doe9-02--09.mp3 Wed, 02 Sep 2009 17:40:00 -0400 http://podgarden.podtractor.com/106/373/9577 Johan Rosenberg Tom Doe Founder and CEO of Municipal Market Advisors, says the municipal market had its best August performance in five years. Also, the industry is in a pretty healthy position heading into the end of the year. 14:18 Municipal bond performance, August, strong performance, investors, longer maturities, TOB, California, credit is important, foreign investment, Treasuries, Build America Bonds, municipal reinvestment, Tom Doe, Municipal Market Advisors, Jim Towne, MuniMarket Pulse podcast no Matt Fabian Managing Director of Municipal Market Advisors discusses the relative lack of volatility in the municipal market this summer. Also; the BAB market thrives while short-term debt markets continue to decline. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian8-28-09/mp3/Fabian8-28-09.mp3 Fri, 28 Aug 2009 17:21:00 -0400 http://podgarden.podtractor.com/106/373/9557 Johan Rosenberg Matt Fabian Managing Director of Municipal Market Advisors discusses the relative lack of volatility in the municipal market this summer. Also; the BAB market thrives while short-term debt markets continue to decline. 10:25 Munis, backbond of demand, individual investors, mutual funds, high grade bonds, tax-exempt, Build America Bonds, short-term markets, floating rate, bonds, California, RAN, defaults, safe sector paper, Treasuries, Matt Fabian, Municipal Market Advisors, Jim Towne, MuniMarket Pulse podcast no Tom Doe Founder and CEO of Municipal Market Advisors talks about how the decline in municipal issuance contributed to July’s strong performance. Also, the yield curve continues to steepen as investors flock to the front end. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe8-05-09/mp3/Doe8-05-09.mp3 Wed, 05 Aug 2009 18:02:00 -0400 http://podgarden.podtractor.com/106/373/9340 Johan Rosenberg Tom Doe Founder and CEO of Municipal Market Advisors talks about how the decline in municipal issuance contributed to July’s strong performance. Also, the yield curve continues to steepen as investors flock to the front end. 16:57 July Municipal Market Performance, Steepening municipal Yield Curve, California Budget, Recession ending, Money Market, traditional investors, Nouriel Roubini, big price swings, Tom Doe, Municipal Market Advisors, Jim Towne, MuniMarket Pulse, August 5, 2009 no Matt Fabian Managing Director of Municipal Market Advisors discusses the California budget situation and what it means for the municipal market. Also; what to expect as state and local revenues decline. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian7-27-09/mp3/Fabian7-27-09.mp3 Mon, 27 Jul 2009 13:10:00 -0400 http://podgarden.podtractor.com/106/373/9277 Johan Rosenberg Matt Fabian Managing Director of Municipal Market Advisors discusses the California budget situation and what it means for the municipal market. Also; what to expect as state and local revenues decline. 9:11 California budget agreement, municipal bonds, Moody's and Fitch ratings, safe sectors, risky credits, leverage, defaults, institutional class of investor, Matt Fabian, Municipal Market Advisors, Jim Towne, MuniMarket Pulse no Tom Doe Founder and CEO of Municipal Market Advisors discusses June’s municipal market performance and why he has positive expectations for July. Also, municipals have been solid year-to-date. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe07-09-09/mp3/Doe07-09-09.mp3 Thu, 09 Jul 2009 13:08:00 -0400 http://podgarden.podtractor.com/106/373/8430 Johan Rosenberg Tom Doe Founder and CEO of Municipal Market Advisors discusses June’s municipal market performance and why he has positive expectations for July. Also, municipals have been solid year-to-date. 16:18 June Municipal Market Performance, Build America Bonds, California, Alabama, Default, Ratings reform, letter of credit providers, Tom Doe, Municipal Market Advisors, Cynthia Heneage, MuniMarket Pulse podcast no Matt Fabian Managing Director of Municipal Market Advisors, talks about banks using the Fed’s discount window and how it’s helping the muni market. Also, a recent rise in swap yields should motivate even more issuers to exit the short-term market. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian6-19-09/mp3/Fabian6-19-09.mp3 Fri, 19 Jun 2009 16:59:00 -0400 http://podgarden.podtractor.com/106/373/8325 DerivActiv Matt Fabian Managing Director of Municipal Market Advisors, talks about banks using the Fed’s discount window and how it’s helping the muni market. Also, a recent rise in swap yields should motivate even more issuers to exit the short-term market. 10:48 Municipal, Market, Rising Yields, Short-term, VRDO, Fed, Discount Window, California default, MBIA, Bond Insurance, Matt Fabian, Municipal Market Advisors, Johan Rosenberg, DerivActiv, MuniMarket Pulse podcast no Tom Doe Founder and CEO of Municipal Market Advisors reviews May’s municipal market performance and its similarities to April. Also, Build America Bond issuance might be slowing down. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe6-10-09/mp3/Doe6-10-09.mp3 Wed, 10 Jun 2009 11:11:00 -0400 http://podgarden.podtractor.com/106/373/8198 DerivActiv Tom Doe Founder and CEO of Municipal Market Advisors reviews May’s municipal market performance and its similarities to April. Also, Build America Bond issuance might be slowing down. 14:56 Municipal bond market, Build America Bonds, Treasury, volatility, investment grade, rally, May, June, individual investor, mutual fund investor, California, New Jersey, Tom Doe, Municipal Market Advisors, Johan Rosenberg, MuniMarket Pulse podcast no Matt Fabian Managing Director of Municipal Market Advisors, talks about proposed legislation to help municipal issuers and the likelihood of it getting passed. Also, California won’t default but additional downgrades may be coming. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian5-22-09/mp3/Fabian5-22-09.mp3 Fri, 22 May 2009 15:05:00 -0400 http://podgarden.podtractor.com/106/373/7317 DerivActiv Matt Fabian Managing Director of Municipal Market Advisors, talks about proposed legislation to help municipal issuers and the likelihood of it getting passed. Also, California won’t default but additional downgrades may be coming. 11:29 MMA MuniCast, Matt Fabian, Municipal Market Advisors, MMA MuniCast Podcast, Matt Fabian, Bond legislation, California municipal bonds, muni bonds no Tom Doe and Matt Fabian of Municipal Market Advisors, talk about how the Build America Bond momentum drove April’s municipal market performance. Also, states are still facing budget woes and rating pressures. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe5-14-09/mp3/Doe5-14-09.mp3 Thu, 14 May 2009 17:13:00 -0400 http://podgarden.podtractor.com/106/373/7324 DerivActiv Tom Doe and Matt Fabian of Municipal Market Advisors, talk about how the Build America Bond momentum drove April’s municipal market performance. Also, states are still facing budget woes and rating pressures. 18:50 Build America Bonds, BAB, municipal bonds, muni bonds, state budget, Tom Doe, MMA MuniCast, finance podcast no Founder and CEO of Municipal Market Advisors reviews March’s muni market performance. Also, traditional investors dominated as the primary market picked-up with large issues from California and Wisconsin. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe4-20-09/mp3/Doe4-20-09.mp3 Mon, 20 Apr 2009 17:41:00 -0400 http://podgarden.podtractor.com/106/373/7331 DerivActiv Founder and CEO of Municipal Market Advisors reviews March’s muni market performance. Also, traditional investors dominated as the primary market picked-up with large issues from California and Wisconsin. 13:35 municipal bonds, muni bond, california bonds, wisconsin, bonds, Tom Doe, MMA MuniCast, podcast no Matt Fabian, Managing Director of Municipal Market Advisors talks about market reaction to the 4th Largest Bond Issue ever from State of California. Also; the first Build America Bond comes to market. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian3-30-09/mp3/Fabian3-30-09.mp3 Mon, 30 Mar 2009 17:46:00 -0400 http://podgarden.podtractor.com/106/373/7338 DerivActiv Matt Fabian, Managing Director of Municipal Market Advisors talks about market reaction to the 4th Largest Bond Issue ever from State of California. Also; the first Build America Bond comes to market. 7:45 Municipal bonds, muni bonds, California bonds, Build America Bonds, BAB, Matt Fabian, MMA MuniCast, podcast no Matt Fabian, Managing Director of Municipal Market Advisors, talks about how the muni market will handle the anticipated supply of large issues. Also; Federal intervention is not necessarily a good thing for the market. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian3-20-09/mp3/Fabian3-20-09.mp3 Fri, 20 Mar 2009 17:49:00 -0400 http://podgarden.podtractor.com/106/373/7345 DerivActiv Matt Fabian, Managing Director of Municipal Market Advisors, talks about how the muni market will handle the anticipated supply of large issues. Also; Federal intervention is not necessarily a good thing for the market. 7:40 municipal bonds, muni bonds, bond legislation, Matt Fabian, MMA MuniCast podcast no Tom Doe, Founder and CEO of Municipal Market Advisors reviews February’s muni market performance. Also, seasonal patterns in the municipal market and the trend toward negotiated bond sales. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe3-11-09/mp3/Doe3-11-09.mp3 Wed, 11 Mar 2009 17:53:00 -0400 http://podgarden.podtractor.com/106/373/7352 DerivActiv Tom Doe, Founder and CEO of Municipal Market Advisors reviews February’s muni market performance. Also, seasonal patterns in the municipal market and the trend toward negotiated bond sales. 14:30 municipal market, municipal bonds, muni bonds, Tom Doe, MMA MuniCast Podcast, bond yields, georgia bonds, california bonds, Barclay's Municipal Swap Index no Matt Fabian, Managing Director of Municipal Market Advisors, talks about the disconnect between the municipal and Treasury markets. Also the federal stimulus package is good news for muni issuers and MBIA might insure bonds again. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian2-20-09/mp3/Fabian2-20-09.mp3 Fri, 20 Feb 2009 17:59:00 -0500 http://podgarden.podtractor.com/106/373/7359 DerivActiv Matt Fabian, Managing Director of Municipal Market Advisors, talks about the disconnect between the municipal and Treasury markets. Also the federal stimulus package is good news for muni issuers and MBIA might insure bonds again. 9:05 municipal bonds, muni bonds, US Treasury, MBIA, Matt Fabian, MMA MuniCast podcast, california bonds, stimulus package no Tom Doe, Founder and CEO and Matt Fabian, Managing Director of Municipal Market Advisors review January’s muni market performance. Also, insights on how Washington, DC views the municipal industry and potential steps toward improvement. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe2-6-09/mp3/Doe2-6-09.mp3 Fri, 06 Feb 2009 18:05:00 -0500 http://podgarden.podtractor.com/106/373/7366 DerivActiv Tom Doe, Founder and CEO and Matt Fabian, Managing Director of Municipal Market Advisors review January’s muni market performance. Also, insights on how Washington, DC views the municipal industry and potential steps toward improvement. 14:25 municipal bonds, muni bonds, muni market, municipal industry, california bonds, new mexico bonds, MSRB, Tom Doe, MMA MuniCast podcast no Matt Fabian, Managing Director of Municipal Market Advisors, talks about the recent muni rally and what the federal stimulus program might mean for the municipal bond industry. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian1-20-09/mp3/Fabian1-20-09.mp3 Tue, 20 Jan 2009 18:09:00 -0500 http://podgarden.podtractor.com/106/373/7373 DerivActiv Matt Fabian, Managing Director of Municipal Market Advisors, talks about the recent muni rally and what the federal stimulus program might mean for the municipal bond industry. 9:12 municipal bonds, muni bonds, bond industry, stimulus package, tax-exempt bonds, TARP, Matt Fabian, MMA MuniCast podast, no Tom Doe, Founder and CEO of Municipal Market Advisors talks about events in the municipal market for the month of December, where values can be found, and the challenge of credit surveillance in 2009. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe1-9-09/mp3/Doe1-9-09.mp3 Fri, 09 Jan 2009 18:15:00 -0500 http://podgarden.podtractor.com/106/373/7380 DerivActiv Tom Doe, Founder and CEO of Municipal Market Advisors talks about events in the municipal market for the month of December, where values can be found, and the challenge of credit surveillance in 2009. 15:00 municipal bonds, muni bonds, Obama administration, Tom Doe, MMA MuniCast podcast no Matt Fabian, Managing Director of Municipal Market Advisors talks about how the stimulus package could help the muni market. Also; effects of bank downgrades and potential limited market access for smaller, lower rated issuers http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian12-31-08/mp3/Fabian12-31-08.mp3 Wed, 31 Dec 2008 18:17:00 -0500 http://podgarden.podtractor.com/106/373/7387 DerivActiv Matt Fabian, Managing Director of Municipal Market Advisors talks about how the stimulus package could help the muni market. Also; effects of bank downgrades and potential limited market access for smaller, lower rated issuers 8:45 municipal bonds, muni bonds, municipal market, bank downgrades, Matt Fabian, MMA MuniCast podcast, california bonds, puerto rico bonds no Matt Fabian, Managing Director of Municipal Market Advisors, talks about the importance of pricing in the muni market and what investors should be doing at year end. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian12-18-08/mp3/Fabian12-18-08.mp3 Thu, 18 Dec 2008 18:34:00 -0500 http://podgarden.podtractor.com/106/373/7394 DerivActiv Matt Fabian, Managing Director of Municipal Market Advisors, talks about the importance of pricing in the muni market and what investors should be doing at year end. 9:55 municipal bonds, muni market, philadelphia bonds, LIBOR, Matt Fabian, MMA MuniCast podcast no Tom Doe, Founder and CEO of Municipal Market Advisors talks about events in the municipal market for the month of November, what to expect in December, and gives a historical perspective. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe12-11-09/mp3/Doe12-11-09.mp3 Thu, 11 Dec 2008 18:36:00 -0500 http://podgarden.podtractor.com/106/373/7401 DerivActiv Tom Doe, Founder and CEO of Municipal Market Advisors talks about events in the municipal market for the month of November, what to expect in December, and gives a historical perspective. 16:45 municipal bonds, muni bonds, Tom Doe, MMA MuniCast podcast no Matt Fabian, Managing Director of Municipal Market Advisors, talks about the important role of Citigroup in the municipal market and the continuing challenges facing bond insurers. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian12-3-08/mp3/Fabian12-3-08.mp3 Wed, 03 Dec 2008 18:38:00 -0500 http://podgarden.podtractor.com/106/373/7408 DerivActiv Matt Fabian, Managing Director of Municipal Market Advisors, talks about the important role of Citigroup in the municipal market and the continuing challenges facing bond insurers. 8:20 municipal bonds, muni bonds, bond insurers, Citgroup, Matt Fabian, MMA MuniCast podcast no Matt Fabian, Managing Director at Municipal Market Advisors discusses how new money infrastructure volumes are down despite market expansion. Also; effects of the banking crisis on muni markets, the role of individual investors, and new legislation aimed at increasing underwriter participation. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian9-24-08/mp3/Fabian9-24-08.mp3 Wed, 24 Sep 2008 14:47:00 -0400 http://podgarden.podtractor.com/106/373/7422 DerivActiv Matt Fabian, Managing Director at Municipal Market Advisors discusses how new money infrastructure volumes are down despite market expansion. Also; effects of the banking crisis on muni markets, the role of individual investors, and new legislation aimed at increasing underwriter participation. 13:41 municipal bonds, muni bonds, tender options bonds, fixed-rate bonds, MBIA, AMBAC, Matt Fabian, MMA MuniCast Podcast no Tom Doe, CEO of Municipal Market Advisors speaks on the property and casualty insurance industry and its reduced need for tax-exempt income. Also: primary volume trends, the month of July in historical perspective, and the similarities of today with the Panic of 1837. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Doe7-7-08/mp3/Doe7-7-08.mp3 Mon, 07 Jul 2008 14:51:00 -0400 http://podgarden.podtractor.com/106/373/7429 DerivActiv Tom Doe, CEO of Municipal Market Advisors speaks on the property and casualty insurance industry and its reduced need for tax-exempt income. Also: primary volume trends, the month of July in historical perspective, and the similarities of today with the Panic of 1837. 16:30 municipal bonds, muni bonds, panic of 1837, Tom Doe, MMA MuniCast podcast no Matt Fabian, Managing Director at Municipal Market Advisors says the MMA Consensus is a “powerful and predictive” market indicator. Also: the BMA swap on the rise as a hedging vehicle, Moody’s credibility concerns, and the lessening value of bond insurer ratings. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian5-28-08/mp3/Fabian5-28-08.mp3 Wed, 28 May 2008 14:57:00 -0400 http://podgarden.podtractor.com/106/373/7436 DerivActiv Matt Fabian, Managing Director at Municipal Market Advisors says the MMA Consensus is a “powerful and predictive” market indicator. Also: the BMA swap on the rise as a hedging vehicle, Moody’s credibility concerns, and the lessening value of bond insurer ratings. 13:33 MMA Consensus, Municipal Market Consensus, SIFMA curve, Moody's ratings, Matt Fabian, MMA MuniCast Podcast no Matt Fabian, Managing Director at Municipal Market Advisors describes the state of the municipal market, the transforming investor base, and the continued de-leveraging and its impact. Fabian also discusses high Muni to Treasury ratios carrying into 2009, and the MMA Consensus Scale and the recent difficulty in reaching a consensus. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian3-31-08/mp3/Fabian3-31-08.mp3 Mon, 31 Mar 2008 15:00:00 -0400 http://podgarden.podtractor.com/106/373/7443 DerivActiv Matt Fabian, Managing Director at Municipal Market Advisors describes the state of the municipal market, the transforming investor base, and the continued de-leveraging and its impact. Fabian also discusses high Muni to Treasury ratios carrying into 2009, and the MMA Consensus Scale and the recent difficulty in reaching a consensus. 17:06 MMA Consensus Scale, libor, municipal yields, Matt Fabian, MMA MuniCast podcast no Matt Fabian, Managing Director at Municipal Market Advisors speaks on the latest developments in the Auction Rate market as Standard & Poor's has withdrawn their evaluations on 2800 auction rate securities. Fabian also describes the benchmark yield curves as ‘irrelevant’ in the midst of the current market turmoil. http://podgarden.podtractor.com/podcasts/derivactiv/mmamunicast/Fabian3-3-08/mp3/Fabian3-3-08.mp3 Mon, 03 Mar 2008 15:03:00 -0500 http://podgarden.podtractor.com/106/373/7450 DerivActiv Matt Fabian, Managing Director at Municipal Market Advisors speaks on the latest developments in the Auction Rate market as Standard & Poor's has withdrawn their evaluations on 2800 auction rate securities. Fabian also describes the benchmark yield curves as ‘irrelevant’ in the midst of the current market turmoil. 18:55 municipal bonds, muni bonds, Auction rate market, Standard & Poors, S & P, VRDO market, Matt Fabian, MMA MuniCast Podcast no