November 17, 2014
This week we look at the relation between the economic linkage of Connecticut and New York City. We will also update our calculation of the impact on EMMA filing volumes of the SEC’s MCDC initiative.
Please click here to read the rest of this week’s commentary:
November 10, 2014
Credit Scoring Algorithm in California, Drought Impact on Beef Prices, and More on NYSTA Evasiveness
This week we examine a credit-scoring algorithm for cities and counties in California, plot drought conditions in beef producing States, and highlight (again) a lack of transparency by Governor Cuomo and the New York State Thruway Authority.
Please click here to read the rest of this week’s commentary: http://www.lumesis.com/commentary-blog/2014-commentary/11-10-2014-credit-scoring-algorithm-in-california-drought-impact-on-beef-prices-and-more-on-nysta-evasiveness
November 3, 2014
October Geo Scores, NYSTA’s Tappan Zee Not Too Transparent and Where Chan Suspects the SEC will Focus Next
This week we start with a review of our proprietary Geo Score and highlight some ups and downs as well as provide you a link to get the scores themselves. We then focus on the limited disclosure around the NYSTA’s Tappan Zee bridge and conclude with a brief comment around where, based on Peter Chan’s view (yes, the MCDC guy), the SEC may focus its efforts next on the muni space.
Please click here to read the rest of this week’s commentary: http://www.lumesis.com/commentary-blog/2014-commentary/11-3-2014-october-geo-scores-nysta-s-tappan-zee-not-too-transparent-and-where-chan-suspects-the-sec-will-focus-next
October 27, 2014
Philly Fed, Continuing Softness in Maryland and Virginia, 10 States to Watch on the Employment Front and Wine Gone to Waste
This week we take a look at the Philly Fed Coincident Index at the State level and highlight where things are good and not so good and look at counties within the not so good that demonstrate poor Geo Scores. We use our mapping and filtering functions to look at State Unemployment. We then highlight Pennsylvania’s decision to waste some perfectly good wine instead of an auction or a night of tastings offered for a princely sum to raise some much needed revenue for the State.
Please click here to read the rest of this week’s commentary: http://www.lumesis.com/commentary-blog/2014-commentary/10-27-2014-philly-fed-continuing-softness-in-maryland-and-virginia-10-states-to-watch-on-the-employment-front–and-wine-gone-to-waste
October 20, 2014
Orange County CA economy, NLC fiscal conditions, and DIVER CAFR Filing Index
This week we offer some summary statistics on the economy of Orange County, CA, summarize the results of the National League of Cities’ Fiscal Conditions Survey, and mark the beginning of the annual “CAFR watch”.
Please click here to read the rest of this week’s commentary: http://www.lumesis.com/commentary-blog/2014-commentary/10-20-2014-orange-county-ca-economy-nlc-fiscal-conditions-and-diver-cafr-filing-index
October 14, 2014
Bond Buyer California Conference: Direct Lending, Pensions, 15c2-12, MCDC
Last week, I attended the Bond Buyer’s California Public Finance Conference in San Diego and spoke on a panel focused on Climate Change (remarks excerpted below). Hot topics at the conference were direct lending by banks, alternative financing from hedge funds, pensions, 15c2-12 and the MCDC initiative.
Please click here to read the rest of this week’s commentary: http://www.lumesis.com/commentary-blog/2014-commentary/10-14-2014-bond-buyer-california-conference-direct-lending-pensions-15c2-12-mcdc
October 6, 2014
September DIVER Geo Scores Released; Bad News Continues for VA, MD and NJ
Lumesis released the updated DIVER Geo Scores last week. The DIVER Geo Score represents a relative score of the economic health of a U.S. State, county or city. Based on a scale of 0-10, with 10 being the best, this data is updated monthly and is calculated from multiple economic and demographic factors related to three primary data categories—employment, income and housing. We survey the strongest, weakest, and top movers, including a brief discussion of the top State to watch, New Jersey.
Please click here to read the rest of this week’s commentary: http://www.lumesis.com/commentary-blog/2014-commentary/10-6-2014-september-diver-geo-scores-released-bad-news-continues-for-va-md-and-nj