Bullish Case: Infrastructure recovery and economic stability can drive increased demand for municipal bonds, improving investor confidence in MINN. Historical performance indicates potential for better long-term returns, especially for longer holding periods.

Bearish Case: Political instability and ongoing flooding raise concerns for MINN’s performance, potentially leading to diminished investor sentiment and further stagnation in returns. The likelihood of continued negative impacts remains high, as historical patterns suggest.

Potential Outcomes:

1. Continued flat price action (20%);

2. Enhanced infrastructure funding leads to higher returns (20%);

3. Ongoing political fallout reduces investor confidence (30%);

4. Natural disasters further exacerbate instability (15%);

5. Unexpected economic growth may positively impact market (15%).

Trading Oracle: Consider trading debit spreads with a bullish bias on MINN, focusing on 6-month expirations to capitalize on potential infrastructure recovery. This strategy targets high-probability setups, maximizing upside while hedging against downside risks. Look for low volatility environments to enhance returns on premium collection.

November 15, 2024