Muni-Bonds Show Promise for NYC Investors: Howard Cure in Bloomberg
New York City is far from the verge of bankruptcy, says Howard Cure, head of municipal bond research at Evercore Wealth Management.
There are real pressures on budgets but plenty of mutual funds, insurance companies and other institutional investors still willing to lend to the city.
For more information on bond research at Evercore Wealth Management, please contact us. To read the article, click here.
IRS Circular 230 Disclosure:
Pursuant to IRS Regulations, we inform you that any U.S. Federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for (i) the purpose of avoiding IRS imposed penalties or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein. This information is provided for information purposes only and does not constitute financial, investment, tax or legal advice.
©2016 Evercore Wealth Management LLC. All rights reserved.