Current News
January 2025
MOCAAT Newsletter
Market Update: Steepening Yield Curve
The Federal Reserve cut rates by 0.25% as expected in December to a range of 4.25-4.50%, yet longer-term yields rose for the month. The shift up in longer term yields was due in part to a hawkish tone from the Federal Reserve. In its statement following the December meeting, the Federal Open Markets Committee said it would consider the “extent and timing” of additional rate cuts. 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 PMA Asset Management LLC (PMA). 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
PMA 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…
Notice of Open Meetings
