Publications
A collection of reports and commentary by our Analytical Services Division 

Municipal Strategy Report - February 2012
By Analytical Services Division on February 10th, 2012
"Loonie Tunes?" In February's Municipal Strategy Report we salute the Canadians for their successful Yankee bond issue in early February, their budgetary control, and their superior economic performance. 
Municipal Strategy Report
Quarterly Forecast Q1 2012
By Analytical Services Division on February 7th, 2012
Recent economic releases are hinting toward a strengthening recovery for 2012.  Using a structural econometric model and a Bayesian vector autoregression model we forecast a gradual recovery over the next five quarters and improving conditions in the labor market.
Quarterly Forecast
Municipal Strategy Report - January 2012
By Analytical Services Division on January 13th, 2012
"The 2012 Outlook for the Economy: 2011 Lite?" In January's Municipal Strategy Report we wonder if 2012 will be a low-calorie version of 2011 (like the new 10-calorie Dr. Pepper). 
Municipal Strategy Report
Quarterly Forecast Q4 2011
By Analytical Services Division on November 29th, 2011
In our new quarterly forecast, we draw on the work pioneered by recent Nobel Laureate Christopher Sims to forecast the economy with a proprietary Bayesian Vector Auto Regression model (the Loop BVAR Model).
Quarterly Forecast
Municipal Strategy Report - November 2011
By Analytical Services Division on November 3rd, 2011
"Somebody Please Build a New Factory" In this month’s issue we pine for some corporate investment that might give the economic recovery a little more speed and sustainability. 
Municipal Strategy Report
Municipal Strategy Report - October 2011
By Analytical Services Division on October 6th, 2011
"Fed's Homeopathic Medicine is 'Help that we don't Really Need" In our October issue, we address the severe problem that the current environment and the Federal Reserve’s response to it is causing individuals who live off of fixed income portfolios. 
Municipal Strategy Report
Municipal Strategy Report - September 2011
By Analytical Services Division on September 9th, 2011
Getting Our Economy 'Off The Dime'? This month's report features a portfolio manager page as well as a preview of an upcoming Analytical Services Division white paper on migration between states.
Municipal Strategy Report