Monday, November 12, 2012

Quote of the Day

November 11, 2012
In This Junkyard, It Seems, There Are No Dogs

Low yields are driving more and more investors into really strange territory,” says Lee Pacchia, a Bloomberg Law analyst who follows corporate bankruptcies. “They need to take on risk. While the market forces driving this trend could go on for a while, lowering standards could end badly. It’s called ‘junk’ for a reason.”

Words cannot describe how much I am salivating over the chance to invest.

Parched

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