“More concerning are the statehouses that seem to have missed the lessons of the last recession, and continue to double-down on high-risk high-reward investments. … But as we pass the 10-year mark, there are dark storm clouds on the horizon again over the states that have chosen to double-down on their old investment strategies. What do they think is going to happen next time there is a market downturn?”
Read the full article on: Investor’s Business Daily