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Wyoming voters to weigh investing more state money in stocks
Scottsbluff Star Herald: CHEYENNE, Wyo. (AP) — Looking to stretch Wyoming's finances in the face of a combined downturn in energy revenues and the sagging bond market, state lawmakers are asking voters to allow them to invest more state money in stocks.
A ballot measure going before voters in the November general election would change the Wyoming Constitution to allow the investment of billions more dollars of state funds in stocks.
Proponents, including Wyoming Treasurer Mark Gordon, say the state's faltering energy economy combined with painfully low yields in the bond market make it increasingly important for voters to approve the measure.
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