16th Amendment's Pruskowski Sees Opportunities in Credit

James Perskowski discusses his transition from BlackRock to a boutique firm, highlighting the advantages of nimbleness and flexibility in smaller firms. He addresses current market challenges, such as low issuance and credit concerns, and explores opportunities from private capital in the muni market.

In what ways does James Perskowski suggest that the municipal market differs from the corporate market?

What factors does James identify as influencing the ability to extract value in the current market?