No Juice – Meb Faber Analysis

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At the podcast with Analysis Associates’ Jim Masturzo, I stated that the largest head scratcher around the making an investment panorama for me is the fastened source of revenue area (the section begins right here). 

I in point of fact don’t get why individuals are making an investment in dangerous and unstable fastened source of revenue markets like company bonds and junk once they don’t supply a lot, if any, yield over T-bills. 

Right here’s our previous paper researching this interest, that will nonetheless have you ever 100% in T-bills……

T-bills and Kick back…Lots of the Time

Here’s Leading edge on corporates and junk at 0 and three percentile spreads final 25 years:

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And Apollo too:

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Earlier articleThe Misplaced Century in Bonds

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