https://www.etftrends.com/alternatives-channel/solving-for-the-cash-conundrum-with-short-term-municipal-bonds/Solving for the Cash Conundrum with Short Term Municipal Bonds
By Eric Snyder, Director, Product Management, New York Life Investments
/The economic uncertainty ignited by the coronavirus outbreak sparked a flight to quality and unparalleled levels of cash flowing out of risk assets and into bank accounts, CDs and money market funds. Many investors, fearful of the impact of market volatility, chose to sacrifice return for asset classes that they believed provided a safe haven in the current environment. As many investors start to get off the sidelines and back into assets with greater return potential, it’s our perspective that these investors can find an optimal risk-return balance in short-term municipal bonds./
Cash maybe trash...consider more muni or corp bonds fundsetf?
