Municipal Market Analytics, Inc.

View Original

Fidelity.com

Puerto Rico’s sputtering economy shows risk of fiscal plan

“There’s no reason to assume that long-term population and economic decline won’t resume,” said Matt Fabian, partner at Municipal Market Analytics. “This doesn’t, on its own, mean Puerto Rico will default again, but it suggests Puerto Rico’s finances and infrastructure will still be fragile when the next shock occurs.”

https://eresearch.fidelity.com/eresearch/markets_sectors/news/story.jhtml?storyid=201912231340SM______BNDBUYER_0000016f-0f57-dbce-a17f-dff7edb60000_110.1