Monthly Archives: May 2014

We get electronic alerts from our clients' security custodians (Schwab and Fidelity) whenever something happens that they judge warrants our attention. Last night, we received 233 separate alerts -- each of which delivered the news that Moody's had upgraded its credit ratings on a particular municipal bond. The ratings involved school district voter-approved general obligation (GO) bonds, and the ratings went from the existing Baa1 up to A3. As we have ...

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