Latest Updates: Market Impact of the War in Ukraine

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.

 

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