Thought Leadership

Market Review and Outlook 2nd Quarter 2010

July 16, 2010

If 2009 was a year of collecting and surveying the pieces left from 2008’s near-destruction of our financial system, then 2010 will be a year of putting the pieces back together. Despite the ongoing fiscal challenges facing state and local governments, the strong performance in the municipal market in 2009 has carried over into 2010, albeit at a more moderate pace.