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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (88831)10/20/2008 11:04:08 PM
From: peter michaelson  Read Replies (1) | Respond to of 116555
 
Long Island Guy:

There isn't a reason to even buy equities at this point because corporates are yielding so much.

You sound knowledgable about corporate bonds. I've had a lingering suspicion about this, and have bought some closed end bond funds to try to play it.

But I'm a novice, at best, in bonds.

How would you suggest playing a potential recovery in the lower rated corporate bonds?

Do you thing any closed end funds are a good idea?

TIA, Peter



To: SouthFloridaGuy who wrote (88831)10/21/2008 2:56:48 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
I would not recommend junk here.
High grade corporates are another matter.
Mish