There is a big part of the investing world that doesn’t get as much news as equity markets.

But it should.

In this installment of Dollar$ and $ense, Nicole is joined by Matt Bernardi from Bernardi Securities. Together, they demystify the municipal bond market, a key component in funding local infrastructure projects that are vital to our communities. Matt and Nicole expand on how today’s market has weathered the storm of the COVID-19 crisis and the role of stimulus funds in ensuring municipal stability. The discussion extends to the broader economic context, including consumer spending patterns and the Federal Reserve’s monetary policy, to illustrate their impact on the bond market.

With this episode, you will gain insight into: 

• The significance of the municipal bond market
  
• Resilience and adaptability of municipal credit during and after COVID-19
  
• How the Federal Reserve’s actions impact the municipal bond market
  
• Pension liabilities and the potential effects of quantitative tightening on bond portfolios
  
• And more
  

Resources:

• The History of the Decline and Fall of the Roman Empire by Edward Gibbon
  
• Napoleon: A Biography by Frank McLynn
  
• LinkedIn: Steve Anastasiou 
  

Connect with Nicole Romito: 

• LinkedIn: Nicole Romito
  
• MyPrivateVista.com
  
• info@myprivatevista.com
  
• 312-831-4370
  

Connect with Matt Bernardi: 

• Bernardi Securities
  
• LinkedIn: Matt Bernardi
  
• 312-281-2015
  

About Our Guest: 

Matt Bernardi joined Bernardi Securities in August of 2013 after trading for 3 years at Chesapeake Partners, a hedge fund located in Baltimore, Maryland. Matt currently assists individuals, pension funds, banks, and other institutions regarding their municipal bond portfolios. He graduated from Johns Hopkins University in 2010 with a B.A. in history and economics minor. Matt currently holds the Series 7, 24, 27, 52, 53, 63, and 65 licenses, serves on the Union League Boys & Girls Club investment committee, and is past President of the Associate Board.