November 2023 - Monthly Review

"Enter the Era of “Muni Credit Man”

As MainLine prepares its 2024 Outlook, we see a long-term trend in muniland that advisors and investors should start preparing for. MainLine sees changes coming in the municipal credit analysis process and Sleep Well At Night investing. Ranging from the economy, societal changes, politics, sector risks and preparing and managing for climate change risk, unprepared investors may find themselves sleeping with “one eye open”. 


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Expert Insight About The Municipal Bond Market
Our team of investment professionals are active in the market daily. Our blog includes posts with valuable insight and commentary about critical municipal finance topics and expert interpretation of how current economic factors may affect the municipal bond market.sit our Web
About The Author

Mike Maciolek, CFA, is a Senior Vice President at MainLine West and a member of the investment team for individually managed client accounts and our family of Tax Advantaged Opportunity Funds. Prior to his current role, he was a portfolio manager for First Data Corporation. Mike directed a set of municipal bond portfolios approaching $12 billion in market value, and $7 billion in interest rate derivatives, applying his expertise to meet the various objectives of the portfolios. He began his 30+ year career in New York City as an analyst with management responsibilities for $2 billion in tax-exempt money market funds for Oppenheimer Funds.

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