Pat Luby’s Muni Catchup 1/17

by PL

This week’s Ingredients:

  • Commentary
  • Chart of the Week
  • Performance Snapshot
  • Fund Flows Turn Positive
  • New Issue Supply Picking Up
  • The Calendar
  • Market Data
  • The Bottom Line

Headlines continue to accrue about problems and concerns about underfunded public pension liabilities. In our view, MOST of these problems will be played out in slow motion, so self-directed investors and fiduciaries will need to be…

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