This week saw more of news about financial market volatility. The Week’s municipal bond news included:
- Public Courses Mired in Golfing Slump – WSJ.com. Public golf courses have become a financial burden to some cities as golf’s popularity wanes. The golf downturn started a decade ago and is causing some cities to lose more money. When evaluating a city’s municipal bond, check and see if they have a money-losing golf course.