Belle Haven Investments

The Rose Bowl Stadium, a historic venue located northeast of Los Angeles, is making moves on Wall Street this week. The stadium's managers are refinancing taxable Build America Bonds into tax-exempt debt. “Setting aside the recent market volatility, we do expect strong investor demand,” said?Dora Lee, Director of Research at Belle Haven Investments. “The Rose Bowl name definitely will attract more interest, especially with retail accounts.” https://lnkd.in/eug7XHfF #TaxExempt #Bonds #WallStreet #Finance #RoseBowl #Munis #Muniland Maxwell Adler Bloomberg News

?? Election 2024: Impact on Markets and Investments As the U.S. approaches another pivotal election, the potential impacts on tax policy and market sectors are top of mind for investors. AllianceBernstein's Daryl Clements and Belle Haven Investments' Max Christiana shared valuable insights on how election outcomes could shape municipal bonds and #CorporateTax rates. For instance, an increase in personal income taxes might make municipal bonds more appealing, while potential shifts in the corporate tax rate could influence muni demand. Meanwhile, Hamish Preston, CFA, from S&P Dow Jones Indices notes that sector performance trends historically fluctuate around election results, creating unique opportunities across sectors like #Healthcare and energy. ?? As we anticipate these changes, it’s a reminder to stay informed and ready to adapt. ?? https://lnkd.in/df-GVRCJ

?? #MunicipalMindbender : Test Your Muni Savvy! ??

???? The Belle Haven Team is embracing the spirit of #Halloween today, wishing everyone a hauntingly good day filled with treats and tricks. Stay spooky! ????

In case you missed it, catch our Portfolio Manager, Max Christiana's insightful take on the #muni #market and its dynamics ahead of the upcoming #election.

The municipal bond market is on the brink of an all-time high for new issuance, with states, cities, and school districts pushing forward capital plans amid rising construction costs. What does this mean for muni-bond investors? And how will the upcoming election shape market performance? Max Christiana joined Asset TV U.S. #FixedIncomeSummit with BAM Mutual to discuss these topics. ?? Dive straight into the muni-bond discussion: https://hubs.la/Q02VtsM30 ?? Watch the full summit (eligible for CE credit): https://hubs.la/Q02VtzX60 #munis #municipalbonds #muniland #election #fixedincome #investing #assetmanagement #markets

The New Jersey Transportation Trust Fund Authority issued $3.2 billion in tax-exempt and taxable bonds to refinance its higher-cost debt, as part of a trend among municipal issuers seeking to secure financing before potential market volatility due to the upcoming US election. One key element of this deal is the tender offer, a refinancing strategy that’s gaining traction. As Dora Lee, Director of Research at Belle Haven Investments, puts it: “The interest rates have to align to make sense of the refunding. So it’s a very fleeting moment.” #MunicipalBonds #Infrastructure #PublicFinance #NewJersey #Investing #Finance #Bonds #Munis #Muniland https://lnkd.in/e2mt_GRH

?? #MunicipalMindbender : Test Your Muni Savvy! ??

?? #MunicipalMindbender : Test Your Muni Savvy! ??

?? Why Political Outcomes Shouldn't Drive Investment Decisions ?? With the presidential election on the horizon, it's only natural for politics to dominate conversations. However, it's important to remember that making significant changes to your investment strategy based on anticipated political outcomes is generally not advisable. History shows that there's no consistent correlation between the party in power and municipal bond investment returns. So instead of reacting to political headlines, stay focused on your long-term financial goals and maintaining a well-diversified, risk-adjusted portfolio that aligns with your objectives. #InvestmentStrategy #Election2024 #AssetManagement #LongTermGoals #StayTheCourse #MunicipalBonds #Muniland #Munis