"The more I look into the municipal bonds market and how cities across
the U.S. are registering budget deficits, the more I really wonder if
it’s a safe place to be. My conclusion is that the municipal bonds are
becoming dangerous. There are too many troubles with the cities backing
the municipal bonds, which can’t be easily solved. Caution is the best
option for those who are involved in the municipal bonds market."
By Michael Lombardi, MBA for Profit Confidential
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