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Corporate Bonds: More Risk, Less Reward?

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Corporate Bonds: More Risk, Less Reward? Two charts came across my desk recently that shed light on what I like to call “creeping risk” in the market. This happens when the character of an investment changes slowly over time without anyone really noticing the change. The first chart that caught my attention was a long-term…

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What A Difference A Year Makes

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What A Difference A Year Makes! Investing is always a challenge. But investors have endured two radically different investment environments the last two financial years. These almost-comical headlines from CNBC – by the same author, no less – perfectly capture the 2018 and 2019 investment financial years.         Here’s what’s interesting. In…

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