Danger Ahead: Munis and the Next Recession
The next recession is coming into focus, with the likelihood of another downturn climbing steadily through the rest of the year. Meanwhile, the muni market is becoming a scarier place, with more than four-times as many general government defaults occurring in the last decade as in the previous three combined.
Join experts from Moody's Analytics and the Urban Institute as they discuss what the impending recession means for Muniland, and how investors and policymakers alike can prepare themselves for the bumpy road ahead.
12:30 p.m. - 1:30 p.m.: Registration and Buffet Lunch
1:30 p.m. - 1:45 p.m.: Opening Remarks
Speakers: Gus Harris, Executive Director, Moody's Analytics and Sarah Rosen Wartell, President, Urban Institute
1:45 p.m. - 2:30 p.m.: The Next Recession -Trouble in Muniland
Speakers: Mark Zandi, Chief Economist, Moody's Analytics and Kim Rueben, Senior Fellow, Urban Institute
2:30 p.m. - 3:15 p.m.: Buckle Up: The Revenue Outlook
Speakers: Sarah Crane, Economist, Moody's Analytics and Lucy Dadayan, Senior Research Associate, Urban Institute
3:15 p.m. - 3:30 p.m.: Coffee Break
3:30 p.m. - 4:15 p.m.: Picking Winners and Losers
Speakers: Dan White, Director, Moody's Analytics and Tracy Gordon, Senior Fellow, Urban Institute
4:14 p.m. - 5:00 p.m.: Keynote: Bankruptcy in Puerto Rico: Lessons Learned
Speakers: Antonio Weiss, Senior Fellow, Harvard Kennedy School's Mossavar-Rahmani Center
5:00 p.m. - 6:00 p.m.: Networking Cocktail Reception