Why buying NYC bonds could pay off even if Zohran Mamdani becomes mayor

Image for article Why buying NYC bonds could pay off even if Zohran Mamdani becomes mayor
News Source : New York Post

News Summary

  • If Zohran Mamdani becomes mayor, prices of NYC munis will fall because of his spending and because people and businesses will likely flee and those bond ratings will tank
  • Munis don’t get the respect they deserve from investment advisers because of the business media’s obsession with the stock market and the next hot tech company
  • If you have a few bucks, they offer immense tax advantages
A crazed socialist who knows little about private sector employment because he never held a real job could be running New York City which seems like the biggest sell signal imaginable if youre one o [+4271 chars]

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