The story of how Jefferson County, Alabama went broke trying to build a sewer system that would meet environmental regulator approval is well told over at the Self-evident blog. Read More
Munis may look attractive after all. Data suggests year-to-date through end of third quarter, the municipal market has experienced fewer than $1 billion in par value worth of defaults. Read More
Central Falls, Rhode Island, the smallest city in the smallest state in the US, is making a big splash in the world of municipal bankruptcies. Read More
Stock and stock fund allocations rebounded to a three-month high in the July AAII Asset Allocation Survey. AAII members allocated 62.4% of their portfolios to stocks and stock funds last month, an increase of 2.9 percentage points from June. Read More