Wtf !! Munis Bond in a Clear Meltdown !!

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WTF !! MUNIS BOND IN A CLEAR MELTDOWN !!
Anonymous Coward User ID: 877408 Mexico 11/17/2010 11:39 AM Report Abusive Post Report Copyright Violation	WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! [link to seekingalpha.com] Last Friday we highlighted the big fall in the national municipal bond ETF (MUB), but it has only gotten worse this week. MUB's biggest one-day decline during last week's fall was -1.17% on Thursday. Yesterday it was down 1.85% and today it's down another 1.76%. The chart below is not a pretty sight.

johnnywad User ID: 1163463 United States 11/17/2010 11:41 AM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! Merediths fault...She says ALL MUNICIPALS WILL DEFAULT...quote... see vid [link to video.ft.com]
johnnywad User ID: 1163463 United States 11/17/2010 11:45 AM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! nahhh...this isnt important enough to be pinned...hahahaha incredible..
Anonymous Coward User ID: 1136725 United States 11/17/2010 11:47 AM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !!

Anonymous Coward (OP) User ID: 877408 Mexico 11/17/2010 11:49 AM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! nahhh...this isnt important enough to be pinned...hahahaha incredible.. Quoting: johnnywad Don't forget GP's prince engagement !!
johnnywad User ID: 1163463 United States 11/17/2010 11:53 AM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! nahhh...this isnt important enough to be pinned...hahahaha incredible.. Don't forget GP's prince engagement !! Quoting: Anonymous Coward 877408 EXACLTY!!! probably the MOST incredible economic doom.. Can you imagine that Statement from Meredith and the significance of it? stunning All Municipals will default- !!!!!!!!!! gonna order my rainwater barrels
johnnywad User ID: 1163463 United States 11/17/2010 11:59 AM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! "its a 2.8 TRILLION dollar market??" ONE TRILLION OWNED BY PRIVATE INVESTORS.. no doom here, move along

Falconia User ID: 1097626 United States 11/17/2010 12:02 PM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !!
johnnywad User ID: 1163463 United States 11/17/2010 12:07 PM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! someone correct me if Im wrong, but arent muni's collateralized by state's property? Water,sewers,schools etc.. Im not sure..
Anonymous Coward User ID: 1102161 United States 11/17/2010 05:29 PM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! Very important topic....

FloridaCaveDiver User ID: 12317 United States 11/17/2010 05:32 PM Report Abusive Post Report Copyright Violation	Re: WTF !! MUNIS BOND IN A CLEAR MELTDOWN !! nahhh...this isnt important enough to be pinned...hahahaha incredible.. Quoting: johnnywad Nahhhh... important stuff doesn't get pinned... just threads about cow farts, pole shifts, celebs and generally pointless shit. ------ Buying precious metals is an act of REBELLION! Invest in Silver Today!
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