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Closed-End Fund Commentaries


Reasons to be Bullish

May 8, 2017
Click here to access Reasons to be Bullish

We wish we had a dollar for every time we’ve heard
that the bull market in equities is only due to loose money. We have consistently disagreed, arguing that although the Federal Reserve is loose, the bull market is primarily a function of the rebound in profits after the disaster in 2008-09.




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