Trump Administration to Aid Defense-State Bonds: Bank of America
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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Donald Trump (United States of America)
Philip Fischer (Bank of America Corp)
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UUID: 7947283
(Bloomberg) -- Bank of America Merrill Lynch analysts led by Phil Fischer issued recommendations for municipal-bond investors based on policy proposals advanced by President Donald Trump’s administration.
- Bank says to be overweight “gun belt” states because proposed increase to defense spending is “generally positive” for military-heavy states like Virginia, California and Texas
- Also overweight science and technology universities and Treasury-backed pre-refunded munis
- Underweight local government general-obligations and health- care debt, given impact of Republican plan to replace Obamacare
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
People
Donald Trump (United States of America)
Philip Fischer (Bank of America Corp)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283