“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Risk Tolerance for Junk Bonds Reaches Pre-Crisis Levels
Risk tolerance as measured by the performance of junk bonds vs. investment grade corporate bonds
