Easterly RocMuni RMHVX Meltdown: Déjà Vu of Oppenheimer’s Rochester Muni Collapse
Man, what a gut punch for RMHVX investors! This thing went from “safe” muni bond fund to absolute chaos in weeks. Down over 60%—shares tanked from $6.35 to under $3!
Reminds me eerily of the Oppenheimer Rochester Muni Fund collapse back in the day. Same story: high-yield promises, loaded with illiquid, risky bonds, then BAM—mass redemptions and a fire sale. Retirees and families got crushed, and now everyone’s asking how they were sold this as “low risk.” Smells like regulators might dig in, just like with Rochester.
Anyone else seeing the parallels? Be careful chasing yield, folks—history repeats itself! #RMHVX #MuniBonds #JustBuyGLD
Man, what a gut punch for RMHVX investors! This thing went from “safe” muni bond fund to absolute chaos in weeks. Down over 60%—shares tanked from $6.35 to under $3!
Reminds me eerily of the Oppenheimer Rochester Muni Fund collapse back in the day. Same story: high-yield promises, loaded with illiquid, risky bonds, then BAM—mass redemptions and a fire sale. Retirees and families got crushed, and now everyone’s asking how they were sold this as “low risk.” Smells like regulators might dig in, just like with Rochester.
Anyone else seeing the parallels? Be careful chasing yield, folks—history repeats itself! #RMHVX #MuniBonds #JustBuyGLD
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Follow us at alphabetastock.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.