by hjankura | Jul 6, 2022 | Insights
By Matt Wiederrecht The difference between good decision-making and bad luck for markets and policies often comes down to timing—a lesson we believe state and local governments (SLGs) may soon learn the hard way. Scan the headlines and you will find no shortage of...
by Admin | Jun 30, 2020 | Insights
Our Call: Capstone first wrote in September 2013 that the Commonwealth of Puerto Rico faced significant financial risks given its dependence on federal funding to help finance its operations. In subsequent notes, we highlighted additional risks, including Puerto...
