Viewpoints from AAM – The Case for a Strong 2014 Municipal Market

I have been recommending a transition from corporate bond portfolios to municipal bond portfolios since mid 2013, and today read a new scary article published by the New York Times concerning state pension liabilities. Fortunately yesterday 2/24/14, I was notified that our friends at AAM published a blog article reinforcing my recommendations to high tax bracket clients seeking reliable income streams.

 

Roberto Roffo’s blog “A Case for a Strong 2014 Municipal Market” https://www.aamlive.com/blog/201402/viewpoints-from-aam—the-case-for-a-strong-2014-municipal-market  echoes my sentiments on opportunities in today’s municipal bond market, and I thought it may be of some reassurance to those who take to heart the half truths prevalent in today press.