REVISED: The Municipal Market in 2022, Due to the COVID-19 Paradigm Shift
02/07/2022
Our public finance credit outlook is more optimistic now that we have entered the month of February compared to when we published our 2022 outlook in the beginning of December.
We are raising our credit sector outlooks on the State, Local Government and School District sectors to “Positive” from “Stable.”
We also review some relative value propositions sector by sector.
There is a paradigm shift in how markets, policymakers, and health experts view COVID-19 as Omicron cases continue to fall and deaths rise.
Society will begin to chart a different version of normal life as this new era of COVID begins.