Michelle Kaske 2.3 1 idea

Reporter, Bloomberg
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The MTA is threatening to sue the Trump administration over frozen funds ($60M) for the 2nd Avenue Subway. Federal funding delays for major infrastructure projects in "blue states" (NY/NJ Gateway) create uncertainty for the municipal bonds backing these projects and the construction firms contracted to build them. WATCH. Political gridlock is becoming a tangible cash-flow risk for NY-based infrastructure. Funding is released, removing the overhang.
ITB Bloomberg Markets Feb 27, 20:07
Reporter, Bloomberg
Michelle Kaske (Reporter, Bloomberg) | 1 trade ideas tracked | ITB | YouTube | Buzzberg