Muni Funds Suffer First Outflows in Nine Weeks

The video features a discussion with a senior portfolio manager about Amazon's second headquarters and its potential economic impact on finalist cities, including Pittsburgh. The conversation also covers fund flows, redemption trends, and the influence of rising interest rates and tax changes on municipal bonds. Despite expectations, there has been no significant redemption surge, and muni funds continue to grow.

What is the estimated number of jobs Amazon's HQ2 is expected to create in the finalist cities?

• 100,000 jobs

• 75,000 jobs

• 50,000 jobs

• 25,000 jobs

Which city is mentioned as a finalist for Amazon's HQ2?

• Pittsburgh

• Chicago

• Los Angeles

• New York

What strategy have regional officials used to attract Amazon's HQ2?

• Offering tax incentives

• Building new infrastructure

• Providing free land

• Reducing local taxes

What recent trend was observed in municipal bond fund flows?

• Decreased investments

• Stable inflows

• Increased redemptions

• High volatility

How have individual investors reacted to the recent tax changes?

• They have increased their investments

• They have shifted to stocks

• They have withdrawn their investments

• They have not reacted significantly