Below is a synopsis of this investment report:
- One of the more perplexing front-page stories is the recent weakness in the high yield sector of the bond market.
- The real reason why this story is getting so much attention is most likely due to the high yield sector’s tendency to move in line with the stock market.
- Few illicit tactics in this business get under my skin more than a blatant misuse of charts and historical relationships.
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