Pays great tax-equivalent yields. There's much more stability in municipalities than in other potential slowdowns.
Stock price when the opinion was issued
If the Fed cuts rates, yields will decline as bond prices rise. Expect a 10% return in munies.
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Propellus Wealth Partners/iA Private Wealth
ValueTrend Wealth Management
CNBC
Pays great tax-equivalent yields. There's much more stability in municipalities than in other potential slowdowns.