No, not Picketty’s new book, but a Financial Times blockbuster report covering the integrity of Picketty’s data. In general I think little of Picketty’s economics, but if the Times is on track here, an actual junk science foundation will drop the Picketty book into the wastebasket of irrelevance. The New York Times summarizes here: Simple […]
Archives for June 2014
The 10 Largest Bond Funds
Investors are taking on more risk—and are doing it in a major way. Bond funds, which should be your anchor-to-windward money, are loading up on junk. The below investment grade waste piling up in the 10 largest bonds funds is shocking. We’re not talking small potatoes here. These are the big dogs. “Who wants an […]
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