municipal bonds

The Consequences of Detroit

By |2013-07-21T17:22:35-04:00July 21st, 2013|Bonds, Markets|

The city of Detroit filed for Chapter 9 municipal bankruptcy last week and the S&P 500 made a new high. There was a time when those two headlines could not have happened in the same week. Detroit and the auto industry it represented were once a symbol of all that was right with America and it was not a stretch [...]

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