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Those in munis as part of the portfolio for retirement have been hearing some ominous rumblings the past few weeks and months re city/state finance difficulties due to lower revenue and the current market meltdowns possibly affecting them.

At this point, I'm not sure how much is rumor and how much is early warning.

i would guess some serious early warning ..

but would depend on the state/local and individual bond.

.... ex Bond-lawyer
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