In the April 2017 issue of our quarterly flagship publication, we feature:

  • A round-up of yields across the muni spectrum.

  • Discussion of why municipal bond investors would best be served to stay the course in light of the challenging last two quarters.

  • An up-close look at the growing public discontent with Pennsylvania’s long-term economic stagnation and what it means for the commonwealth’s creditworthiness.

 Sometimes the right thing to do is absolutely nothing. Investors are often hardwired to change portfolio strategy in reaction to market swings, no matter what the reason. At times, that may be an appropriate response, but sometimes inaction is the best action.

Please see important disclosures at the end of the article.