Investment experts look past peak rates and see better days ahead for muni bonds.
Tune in to your favorite news outlet during an election year, and you’ll likely hear the expression “All politics is local.” Made famous by former Speaker of the House Tip O’Neill, the quote emphasizes the importance of keeping track of local constituents’ perspectives on the relevant issues of the day.
It’s also considered table stakes for elected representatives who want to keep the folks back home satisfied with their overall job performance. Incidentally, O’Neill served his own constituents in the 8th and 11th districts of Massachusetts for 34 years, from 1953 to 1987.
money.usnews.com
By Scott Ward
Jan. 29, 2024