Market Commentary

18 Sep 2020
Melissa Buck

Back to Normal?

In normal times, bond markets are typically quieter during the summer months, but this past summer has been like no other. Issuance is up and demand has been steady as investors get more comfortable with credit fundamentals.
8 Sep 2020
Brian Reilly, CFA

More Debt = Lower Interest Rates?

It's logical for any reasonable person to conclude that the more debt any person or entity has outstanding in relation to their “income”, the higher interest rates for said entity or person would be. More debt equates to more leverage, and, therefore, greater risk. These sorts of axioms hold no truth for the world's largest sovereign debtors, and that includes the United States.
20 Aug 2020
Jonathan Schatz

Market Overview

S&P 500 sets a new record high and the Federal Reserve lowers rates for its Municipal Liquidity Facility due to lack of users. Tax-exempt municipal yields have increased slightly in the last few weeks, but remain low for the year.
5 Aug 2020
Greg Johnson

Second Quarter Data Shows Initial COVID-19 Impact

The U.S. Bureau of Economic Analysis (BEA) released the first estimate for Gross Domestic Product (GDP) for the second quarter late last week. GDP decreased at an annual rate of 32.9% in the second quarter. Economists surveyed predicted an even greater ...

Press Releases

29 Jun 2020

Ehlers Named Top 150 Workplace

Ehlers was named to Minneapolis Star Tribune's list of Top 150 Workplaces for 2020. It was the first year the firm participated in the program.
13 Feb 2020

Ehlers Surpasses
$1 Billion in AUM

Late last week, Ehlers’ Investment Advisory service line surpassed $1 billion in assets under management (AUM), a major milestone for the company’s 13-year old business unit.
4 Oct 2019

Wilkie named to
Women in Public Finance
Board

Senior Disclosure Coordinator Emily Wilkie was named to serve a three-year term on the Board of Directors for the Minnesota Chapter of Women in Public Finance.

In the News

Minnesota Association of School Administrators (MASA)

Dr. Jeffrey Olson Receives MASA Polaris Leadership Award Sponsored by Ehlers

MASA is grateful to Ehlers for our ongoing support of the Polaris Award. Check out MASA's press release on this year's recipient.
The Municipality: Your Voice. Your Wisconsin

COVID-19 & Maintaining Fiscal Stability

Ehlers' Financial Specialist Jonathan Schatz discusses how Wisconsin Municipalities can maintain financial stability while facing the challenges posed by the COVID-19 Pandemic. Read the article on Page 8.
Country News Review

Ehlers’ Jessica Cook Updates North Branch City Council on Utility Rate Studies

Well managed utility funds were the topic of discussion during the city of North Branch’s work session on March 17, along with a presentation of the city’s Utility Fee Study by Ehlers. Jessica Cook, Economic Development Advisor with Ehlers Inc. provided council with the update. “I have the pleasure of sharing some good news with you this evening, especially in the difficult time it’s nice to have, as it relates to the storm water fund and the sewer fund,” Cook began.
Sun This Week

MN School District 196 Approves Financing Bids For New Artificial Turf Fields

Ehlers' client, the Rosemount-Apple Valley-Eagan School District, approved financing and awarded bids April 13 for construction of artificial turf fields at Eagan and Rosemount high schools. Jodie Zesbaugh, Ehlers' Senior Municipal Advisor serving the district, detailed the positive sale results for the District's School Board.

Client Alerts

11 May 2020

SEC Guidance – Disclosures Regarding the Potential Financial Impacts of COVID-19

As your disclosure dissemination agent, we want to make you aware of an important public statement the Securities and Exchange Commission (SEC) released last week. In it, SEC Chair Jay Clayton and Rebecca Olsen, Director of the Office of Municipal Securities, stressed the heightened importance of disseminating timely disclosures to investors due to the potential financial impacts of COVID-19, as well as encouraging municipal issuers to voluntarily provide meaningful forward-looking information with respect to both issuer and issue-specific implications of the pandemic.

Events

April 3, 2020
Doubletree by Hilton Minneapolis - University

Ehlers’ School Finance Seminar – Cancelled

Calling all Minnesota School Districts: It’s time to focus in on building outstanding learning communities across our great state. From referendum planning to business management best practices and financing capital projects, our Municipal Advisors and guest speakers will give you the tools you need to develop a clear vision for your district.
February 20-21, 2020
Kalahari Resort & Convention Center

WI Public Finance Seminar

Join public finance and community development professionals from across the state as we explore the fundamentals and nuances of Tax Increment Financing, Bond Issuance and Debt Management, and Economic Development & Redevelopment.