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Forum evaluates stocks in favorable tone

Jovial best describes the mood of the audience and Tom Naughton, Southern Colorado regional president, at a recent U.S. Bank Economic Forum breakfast at the Antlers Hilton. Norman Alvis, senior portfolio manager for the bank, zipped through an investment outlook that kept people on the edge of their seats. Some highlights: Markets move in phases.… Continue Reading Forum evaluates stocks in favorable tone

Bond lawsuit driven by market, loss of proceeds

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Stakes are high for both sides involved in a lawsuit about the municipal bonds paid off early after Memorial Hospital was leased last year to the University of Colorado Health. And neither side — the nine investors with about $47 million invested in the bonds nor the city of Colorado Springs — is backing down.… Continue Reading Bond lawsuit driven by market, loss of proceeds

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Municipal bonds used to be the quintessential safe-but-dull investment. But ominous headlines about cities, recently including San Bernardino and Stockton in California filing for bankruptcy, have spurred some investors to rethink these investments. Municipal bonds historically pay a lower rate of interest than taxable bonds because these returns are free of federal taxes and exempt… Continue Reading Rumors of muni bonds’ peril are greatly exaggerated

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