James Kellum, Jr., Executive Director at S&P Global Market Intelligence, said, “As summer continues to scorch much of the country, the municipal market is feeling the heat as well. Municipal supply remains ablaze, spreading across the calendar faster than a wildfire in dry brush.” According to the S&P Global Market Intelligence municipal supply calendar for the week of August 10, 2026, approximately $9.6 billion of issuance should ignite the market. Toss the notes back onto the bonfire, and total volume climbs to roughly $11.1 billion. The week’s lineup includes 216 deals, with 92 negotiated and 124 competitive transactions, all adding fuel to the fire. While supply is down 35% from the prior week, issuance continues to smolder through the second week of August, proving this market still has plenty of hotspots. This week’s biggest sparks are coming from Healthcare, Higher Education, and Transportation, each lighting up the new issue landscape....

The Demographic Reckoning: Colleges and the Future of America’s Economy
October 16, 2026By Scott B. MacDonald, Ph.D.Chief Economist Demographics, Higher Education, and Future Economic Paths: It was H.G. Wells, author of The Time Machine and War of the Worlds, who stated, “History is a race between education and catastrophe.” In…...




