This week’s brief explores the disconnect between individual values and their investments in municipal bonds. Individuals and families have a stake in the muni market worth over $2 trillion USD, contributing massively to community finance yet most view the asset class merely as a tax strategy.
If more people knew they were banning books in Florida or hindering reproductive rights in Alabama with their municipal bond investments maybe this would change. Perhaps if a University’s Board of Trustees dedicated efforts to marketing municipal bonds alongside charitable donations from alumni, the impact of municipal bonds would be better understood.