Here's a link to a recent article by John Tamny of Forbes entitled "All eyes are on the Federal Reserve, and that's the problem." We believe it should be required reading for anyone who either chooses to invest in market securities or is in any way impacted by the monetary policy of the United States central bank (which is to say,...
Tuesday, June 04, 2013
Municipal bonds
In the classic 1988 film Bull Durham, the frustrated manager throws a staged tirade in order to turn his team around, a tirade which includes the immortal lines:
"This is a simple game. You throw the ball. You hit the ball. You catch the ball."
In spite of all the mystique that for some reason surrounds the world...
