Municipal Bonds: Still “on Track for a Train Wreck”

http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 The head of credit research for a municipal-bond management firm just commented: “We haven’t seen this in a modern state before.” He was talking about Illinois’ deep fiscal trouble. Look at the eye-brow-raising credit spread. Learn How the Wave Principle Can Improve Your Trading