(Houston)

Oil prices are surging as a comeback in the U.S. economy boosts demand…see the full story on our partner Magnifi’s site.

(New York)

According to a poll of leading bond strategists surveyed by Reuters, there is likely to be a correction in…see the full story on our partner Magnifi’s site.

(New York)

ETFs have dominated the investment world for the last decade as investors seek to minimize risk while getting particular market exposure, but…see the full story on our partner Magnifi’s site.

(New York)

There has been a constant battle in growth vs value since the start of the year. Value investors are looking for counter-cyclical hedges while…see the full story on our partner Magnifi’s site.

(New York)

When you think of all the risks and all the opportunities for the muni market right now, you might be missing one of the very biggest. While a lot of talk has focused on how Biden and the Democrats—and their respective tax packages—could help muni finances, the reality is the drought out West is a big risk to the muni market. 75% of the West is in an extreme drought right now, representing almost 60m Americans. If that continues it could significantly impact muni finances.

FINSUM: Only 26% of the muni market lies in the drought area, which mitigates systemic risk, but very issuers could be badly hit. Be careful of large muni holdings in drought-stricken areas.