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Saturday, July 14, 2012 - 12:53 PM
High Rates? Are You Delirious?
Have today's insanely low interest rates driven investors insane?
Three closed-end funds offered by Cornerstone Advisors of Asheville, N.C., show that some investors have come to believe the impossible: that high yields can persist in a world where central banks have squashed down bond rates to next to nothing.
The Intelligent Investor: Yields So High, They Can't Be for Real - WSJ.com
Three closed-end funds offered by Cornerstone Advisors of Asheville, N.C., show that some investors have come to believe the impossible: that high yields can persist in a world where central banks have squashed down bond rates to next to nothing.
The Intelligent Investor: Yields So High, They Can't Be for Real - WSJ.com
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