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Economy 2013: One “Cliff” Avoided, Another Awaits
Washington’s last-minute solution to a portion of the “fiscal cliff” provided some much-needed clarity to the direction of tax rates. Yet, the portion of the cliff concerned with spending cuts remains, and its brief delay puts it on a collision course with the upcoming debate about another increase…
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Time to Adjust Your Bond Expectations?Bonds are a better option than cash and less volatile than stocks, but investors should be mindful of headwinds and possibly rethink their fixed-income allocations, says Morningstar's Christine Benz.
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Pockets of Opportunity in MunisNuveen Investments CIO John Miller says essential service revenue bonds , munis in the transportation sector, and single-A and triple-B munis are worth a look.
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