Bloomberg Brief Weekly Video 04/07

The video discusses the Puerto Rico debt moratorium, its impact on various stakeholders, and market reactions. It also covers the Texas Permanent School Fund, Houston bonds, and their market implications. The resilience of the Texas economy is analyzed through a Dallas Fed report, highlighting potential risks from low oil prices. An analyst survey reveals key trends concerning public pensions and investor trust in the municipal market.

What significant financial action did Puerto Rico take, as discussed in the video?

• Increased taxes

• Reduced public spending

• Introduced a new currency

• Declared a debt moratorium

How did the market react to the Puerto Rico debt moratorium?

• Increased bond prices

• Decreased bond prices

• No reaction

• Stable bond prices

What is the rating of the bonds backed by the Texas Permanent School Fund?

• AA

• AAA

• BBB

• CCC

What is a notable feature of the Texas Permanent School Fund bonds?

• They have a high yield

• They are the only AAA rated bond insurer

• They are unrated

• They are backed by oil revenues

According to the Dallas Fed report, what is a potential risk to the Texas economy?

• Increasing interest rates

• High inflation

• Low oil prices

• Rising unemployment

What sector did the Dallas Fed report highlight as having declined in Texas?

• Technology

• Tourism

• Manufacturing

• Agriculture

What was the primary concern of analysts in the survey mentioned in the video?

• Puerto Rico's financial crisis

• Declining investor trust

• Public pensions

• Infrastructure development