Summary: Randy devotes the entire show to the municipal bond market - in the aftermath following the recent default in Jackson County, Alabama. He points out, default and restructuring of municipalities varies from state to state, but understanding the laws will assist in knowing what values the bonds should trade at. Even though more issues seem to be surfacing, Randy looks to history as a guideline of what to expect, which could mean investors getting their principal back despite a default. Tune in as he discusses these topics and educates you on different types of municipal bonds and what to expect going forward. Join Randy each week as he provides current market commentary and delves into timely investment topics.
