2024-03-22 05:00:00 ET
Summary
- Historically, putting cash to work in munis before easing began resulted in significantly higher returns than waiting until after cuts started.
- Investors who entered the market two to three months before the first Fed rate cut saw more than double the 12-month return of those who waited until just one month after.
- Investors who remain parked in cash equivalents will likely fail to keep up with the muni market, especially on an after-tax basis.
Historically, Early Birds Enjoyed the Stronger Muni Returns
...
Read the full article on Seeking Alpha
For further details see:
Ahead Of The Fed: Don't Delay Return To The Muni Market