Why Bond Mutual Funds Are Not A Replacement For Individual Bonds
Jun 21, 2023
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During the time I was writing this, I was interviewed for a podcast in which I discussed this very topic. To listen, click here.
For most of the last two decades, bond mutual funds were an easy and convenient way to purchase bonds. However, as rates fall, you are getting diluted by new money flowin...
Whatever It Takes
Sep 22, 2022
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‘‘Within our mandate, the ECB is ready to do whatever it takes to preserve the EUR. And believe me, it will be enough.”
Mario Draghi, July 2012
''We will keep at it until inflation is down to 2%. And our monetary policy tightening will be enough. It will be enough to restore price stability.''
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