A year characterized by a series of natural disasters across the country has legislators agreeing on the need for a bipartisan spending bill intended to aid states in recovery and resilience efforts.
"Volatility creates all kinds of opportunities in the municipal space, not just for tax-loss harvesting, but for positioning and parts of the yield curve that might be undervalued or certain sectors ...
"We describe the budget as being in fair shape," said Gabriel Petek, California's legislative analyst. "There is no new capacity for new budget commitments for the upcoming budget or in the out years" ...