Tuesday, June 10, 2014

Quote of the day - On the Municipal Bond Market

"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 for Profit Confidential

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