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THE NERVOUS RUSH TO MUNIS

机译:紧张的神经

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摘要

Are you thinking of swapping some stocks for bonds? This is on a lot of people's minds. For the first time since 1998, municipal-bond funds are taking in more cash than in-vestors are pulling out. Bob Santoro, a veteran Charles Schwab branch manager in Vero Beach, Fla., sees these kinds of moves up close. And he's suddenly noticing not just retirees, or people preparing to retire, but also fortysomething clients grow-ing conservative amid the bear market. "There's this littlernthing in the back of their heads now: What if this lasts a lot longer?" he said.
机译:您是否正在考虑将一些股票换成债券?这在很多人的脑海中。自1998年以来,市政债券基金获得的现金首次超过投资人撤出的现金。佛罗里达州Vero Beach的资深Charles Schwab分行经理Bob Santoro看到了这些动作的临近。而且,他突然注意到,不仅退休者或准备退休的人,而且还注意到在熊市中逐渐成长为保守派的四十多岁的客户。 “现在他们的脑海里有了一点东西:如果持续时间更长呢?”他说。

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