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Sanford and Son: Bonds Hit a Rough Patch
by Brad Houle, CFA Executive Vice President Sanford and Son was a TV series in the 1970s about a disagreeable junk dealer and his adult son. In one reoccurring gag in the series the main character,...
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CPI: The Underestimation of Inflation?
by Brad Houle, CFA Executive Vice President Inflation is an obtuse concept to fully comprehend. For the month of September, the Bureau of Labor Statistics indicated that the rate of inflation, as...
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Junk Bonds on the Naughty List
by Brad Houle, CFA Executive Vice President Last week, Third Avenue Management announced that they were freezing withdrawals from a leveraged credit fund. This announcement sent a wave of fear of...
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