Carl Icahn recently made some comments at the CNBC Delivering Alpha conference about the High Yield market: “More importantly, they are overpriced, because if you go down and look at the index — and now I could get into some arcane stuff, but what a lot of these guys do, including BlackRock and the others, …
(YAHOO FINANCE) Waiting For Money Market Funds To Pay Interest? Think Again
If recent statements by Janet Yellen are any indication, it appears that the Fed is finally going to start raising interest rates in the next few months. That news is music to the ears of many investors who have had their assets parked in money market mutual funds generating a hefty 1 bp of return …
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