(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.

GUEST:
David Kotok, Chairman and Chief Investment Officer at Cumberland Advisors, on his concern that bondholders will be subordinated to pension holders in Puerto Rico, paving the way for concerns in the muni market.

<p>(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.

GUEST:
David Kotok, Chairman and Chief Investment Officer at Cumberland Advisors, on his concern that bondholders will be subordinated to pension holders in Puerto Rico, paving the way for concerns in the muni market.</p>

Scarlet Fu and Paul Sweeney harness the power of Bloomberg Intelligence to analyze market news and provide in-depth company research. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

<p>Scarlet Fu and Paul Sweeney harness the power of Bloomberg Intelligence to analyze market news and provide in-depth company research. Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.</p>

Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze markets, companies and industries.

Bloomberg Intelligence

Kotok: Puerto Rico Deal Is Pandora’s Box for Muni Market(Audio)

Kotok: Puerto Rico Deal Is Pandora's Box for Muni Market(Audio)

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/09e7ddd0-b4a7-45a6-b7a0-ae3c00a9a49c/transcript

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