Tuesday, January 18, 2011

Muni Bond Meltdown Fears - This Too Shall Pass

High Quality General Obligation bonds in states like North Carolina, Georgia, and South Carolina should be just fine. Munis are correcting off of levels that top ticked last November. Why November? Because the November Mid Term Elections swung further right than most folks thought; and Tax Rates were frozen creating less urgency to earn tax free income.....Damon



The content contained in this blog represents only the opinions of Damon Coley, Nathan Aberson, and/or Aaron Aberson. Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson also act as advisors and clients advised by Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Coley’s, Mr. Nathan Aberson’s, and Mr. Aaron Aberson’s recommendations. This commentary in no way constitutes investment advice, and should never be relied on in making an investment decision, ever. Also, this blog is not a solicitation of business by Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson: all inquiries will be ignored. The content herein is intended solely for the entertainment of the reader, and the authors.

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