H&W in the Media
Issuers Bulk Up an $11.6B Calendar
The bump in issuance shouldn’t pose a problem to the market, according to Bill Walsh, president of Hennion & Walsh, a wealth manager and muni specialist based in New Jersey. “Overall, with supply and demand, we’ll be able to absorb it,” he said. “With the fiscal cliff and the potential changes in taxes, you would certainly see demand. Retail is definitely buying. They won’t be able to put away $11-or-$12 billion, but they’re buying.”
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