Muni Bond Meltdown: When Safe Investments Go Wrong

Safe as houses? Think again. A municipal bond fund promising steady returns just imploded, costing investors like Brian Katz half their investment in 48 hours. We dissect the Easterly Funds' RocMuni disaster: risky, unrated bonds, a rush to the exits, and now, a wave of lawsuits. Was this a black swan event or a disaster waiting to happen? Learn how chasing high yields can lead to devastating losses and the crucial questions you need to ask before investing. Hosted on Acast. See acast.com/privacy for more information.