2008 Municipal Bond Collapse : part 2
Yet another reason why municipal bonds were decimated in 2008.
Yet another reason why municipal bonds were decimated in 2008.
Here’s part II, as promised. This is more of the history behind the market crisis, and why it’s affecting the individual investor positively with concern to munis.
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II. The Bear Raiseth His Head…
The year 2008 saw de-leveraging on a scale that hasn’t been witnessed since the Great Depression. Everyone, from Ma and Pa investors to mutual [...]