When the Trump Agenda Loses Steam, Muni Bonds Gain Momentum

News Article | July 14, 2017 | By Sierra Investment Management

NY Times (July 14, 2017): Municipal bonds were supposed to be among the biggest losers under a Trump presidency.

Shortly after the November election, muni bonds — issued by states, municipalities and local agencies to finance government projects — faced a “triple whammy,” said Terri Spath, chief investment officer at Sierra Investment Management.

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Sierra Investment Management