Finguy

Why It's Time for Muni Bonds

Author says: "At some point, investors will not perceive US Treasuries as the ultimate safe haven. When they do, they’ll start looking for other safe income plays. Muni bonds will be near the top of the list."

Is he insane? If people have doubt about the safety of the US Govt, why will they invest in munis, issued by state and local govts. They will invest in other countries or in gold.