April 2026

MOCAAT Newsletter

Supply Shock Drives Up Oil and Gas Prices

The closing of the Strait of Hormuz has removed roughly 20 million barrels per day of crude and refined oil products from global trade. This supply shock has increased oil prices sharply to over $100 per barrel with gas prices also rising above $4.00 per gallon nationwide ahead of the summer travel season. This initial increase is likely to create near-term price pressure as higher transportation and electricity costs flow through supply chains into other goods and services. Continue Reading…

December 2024

Press Release

Fitch Assigns ‘AAAf’ Rating to Missouri’s ‘MOCAAT’ Term Series II

Fitch Ratings – New York – 03 Dec 2024: Fitch Ratings has assigned a ‘AAAf’ International Fund Credit Quality Rating (FCQR) to the Missouri Capital Asset Advantage Treasury (MOCAAT) Term Series II, managed by PTMA.  Continue reading..

February 2024

Missouri School Finance and Investment Market Update

Check out a recent article that was featured on the MoASBO (Missouri Association of School Business Officials) website. Jason Hoffman and John Jungmann share their knowledge on the School Finance and Investment Market.  Read here…

Winter 2025

PTMA Asset Management Semi-Annual Market Outlook

Market Outlook Summary

Investors enjoyed positive returns during 2024 as solid economic growth and moderate inflation, combined with easier global monetary policies to support risk markets and push asset values higher once again. While our team expects strong returns for bonds and stocks again this year, volatility should remain elevated as fiscal and monetary policy evolve throughout the year under the new presidential administration.  Continue Reading…