How Will the Election Impact Municipal Bonds?

The video discusses the impact of political scenarios on the municipal bond market, focusing on the effects of gridlock, potential economic policies under Clinton and Trump, and the implications of infrastructure spending. It highlights the risks and opportunities in the muni market, including tax exemptions, interest rates, and credit challenges faced by state and local governments.

Discuss the impact of gridlock in DC on the muni market as described in the text.

What are the potential risks to the muni market mentioned in the text?

How does a Clinton win scenario affect the economy according to the speaker?

What implications could a Trump victory have on infrastructure spending?

What are the two major liability sets that pose risks to state and local credits?