$3T Biden Infrastructure Plan a 'Catalyst' for Munis: Invesco's Paris

The video discusses President Biden's multi-trillion dollar economic plan focused on infrastructure, highlighting its potential impact on the municipal bond market. Mark Paris from Invesco shares insights on infrastructure investment, the effects of recent stimulus bills, and the correlation between tax changes and muni market strength. The discussion also covers high yield trends and market volatility, emphasizing the potential for growth in the muni market amid rising taxes and economic recovery.

What is the primary focus of President Biden's economic plan discussed in the video?

• Defense spending

• Education funding

• Infrastructure development

• Healthcare reform

How did municipalities perform during the COVID pandemic according to the video?

• No change

• Better than expected

• As expected

• Worse than expected

What is one of the benefits of the last stimulus bill for the municipal bond market?

• Improved credit ratings for municipalities

• Reduced state revenues

• Decreased demand for bonds

• Increased interest rates

What is the relationship between rising taxes and the municipal bond market?

• Positive correlation

• Inverse correlation

• Negative correlation

• No correlation

What is the expected economic growth range for 2021 mentioned in the video?

• 1-2%

• 3-4%

• 5-6%

• 7-8%