Bond ETFs: Time to Stock Up, As Munis Yield More Than Treasuries [View article]
One must keep in mind that in these articles, Tom Lydon is being INFORMATIVE, not advisory. If you want his (or his firm's) advice, it is available in a different format on other terms.
If one looks at the technical charts on these securities, it is obvious that they have been and are being accumulated at steady rate, which generally exceeds their pricing trends. Thus, "assets" are building within the holdings of the funds.
Tom is not saying the info indicates that these will provide good parking places every week, just that more people are parking here.
Bond ETFs: Time to Stock Up, As Munis Yield More Than Treasuries [View article]
If one looks at the technical charts on these securities, it is obvious that they have been and are being accumulated at steady rate, which generally exceeds their pricing trends. Thus, "assets" are building within the holdings of the funds.
Tom is not saying the info indicates that these will provide good parking places every week, just that more people are parking here.