This week saw more of news about the US government’s Battle with the slowing economy. This may be a good time to adjust your asset allocation. The Week’s municipal bond news included:
- Hayes Says Muni-Bond Outperformance `Somewhat Baffling’ – The Washington Post. (Bloomberg) – A managing director at Blackrock says that the reason Muni bond outperformance is baffling. Time to lighten up?
- If Muni Bond Defaults Spike, It Won’t Be for Lack of Trying to Fix Problems – CBS MoneyWatch.com. States and cities in the best fix budget woes. Everyone sees problems and are attempting to fix things.