![BB-podcast-new-mic](https://arizent.brightspotcdn.com/dims4/default/4f73749/2147483647/strip/true/crop/2967x1934+0+0/resize/740x482!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2Fba%2F4e%2Fc9206cd440f4a3630865bb78e66f%2Fbb-podcas-logo.png)
Tom Doe, president of Municipal Market Analytics, attributes more of the market’s performance to algorithmic bidding, new revenues — such as sport wagering — and natural hazards — such as coastal retreat. He says credit implications, although present, are more of a lower level consideration while he compares this year to the 2011-13 period in the muni market. John Hallacy is host.