Munis: What to Do Now

The prices of municipal bonds are plunging to depths last seen during the financial crisis. At least one high-profile analyst is predicting widespread defaults. And a big asset manager is putting its expansion into munis on hold. Is the situation in muni-land really as dire as all that?

In a word, no. And investors who can see past all the hand-wringing and remain disciplined may even find opportunities to profit. Article Here…

Article Published by The Wall Street Journal, written by Ben Levisohn Jane J. Kim and Eleanor Laise

January 18, 2011 In: Financial Articles Comments (None)