Trends with Benefits #76: Time for Munis? with Tom Doe
April 26, 2022
Listen Time 38:48 MIN
Ed speaks with Tom Doe, President and Managing Partner, Municipal Market Analytics, Inc. about his outlook for municipal markets.
I meet with Tom Doe, President and Managing Partner, Municipal Market Analytics, Inc. to discuss his outlook for municipal markets, and answer the question if now is the time to invest. We chat about the fund flows into muni bond ETFs and out of muni bond mutual funds. I ask Tom to jump into the headwinds he sees for munis in 2022, as interest rates continue to rise. We also discuss how inflation is impacting muni credit, and which sectors of the muni market may work best in an inflationary environment.
1:47 Is this the time to be allocating to Munis
4:58 Muni bond funds: ETFs vs mutual funds
8:10 Municipal Markets Analytics Inc. Founding and clients
11:01 Biggest headwinds in municipal markets: Inflation Risk
16:42 What sectors perform better in inflationary environments
27:30 Increased property tax impact on munis
29:11 Tom’s long term trend view
31:29 Trend or Fad
Trend or Fad
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