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Ted Galgano
Municipal Strategist Americas at UBS Chief Investment Office who discusses municipal research, risk categories, and implications for investors.
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Dec 3, 2025
• 14min
Municipal Brief: New York City - Looking ahead
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Jeannine Lennon and Ted Galgano, both Municipal Strategists at UBS, dive deep into New York City's fiscal future following Zohran Mamdani's mayoral victory. They discuss the affirmed risk categories for the city's debt, highlighting the impact of political tensions on market spreads. Jeannine emphasizes historical safeguards that maintain credit quality, while Ted outlines key transition appointments to watch. Their insights equip investors with critical knowledge as they navigate the evolving landscape of municipal finance.
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