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Idaho Municipal Bonds: The Gem State Shines
Bad news makes good headlines, or so it seems. The onslaught of alarmist media reports about the potential for widespread municipal defaults has subsided, but some investors harbor a lingering impression of municipal bonds that tends to overstate their risk. High profile defaults, such as Jefferson County in Alabama, seem to bolster the impression. As with any investment, the details are key. In reality, very few states and municipalities are on the verge of default. Some, like Idaho, are actually doing relatively well, and offer proof that while the near-term U.S. economic outlook may not generate a lot of positive news, municipal markets continue to offer attractive investment opportunities.
