Today's Breakfast with Benjamin on hedge funds owning $16 billion in Puerto Rican muni bond debt, the scary similarities between advisers and psychics, why deep-water drilling looks like a bargain, and more.
Fitch Withdraws Certain Pima County Metro Domestic Water (AZ) Muni Bond Maturities
UPDATE: Your money is at risk when mutual funds aren't diversified
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
Index funds aren't the only vehicles suitable for taxable accounts, and Morningstar's Russ Kinnel offers three names that can help minimize the tax hit.
The crises in Ukraine and the Middle East dragged on European stock CEFs, but Asian-focused funds shone last month.
Increasing demand, tightening supply, and expectations for higher rates and inflation should bring better muni returns in the coming years, says Nuveen's John Miller, Puerto Rico notwithstanding.