ajtj99's Market Pulse

[See Shasta]

Thanks. I see the similarity to the sub prime mess too, although I don't think it will be as much of a disaster. I've read recently that a state hasn't defaulted on a GO bond since before the civil war. That said, it is best to be wary of sectors like airport revenue and electric bonds and stuff from tiny municipalities. Makes sense to me. Since I'm not that familiar yet, individual munis still scare me and I'm not a big fan of bond funds.