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Closed-End Fund Commentaries


No More Plow Horse

Jan 22, 2018
Click here to access No More Plow Horse

We’ve called the slow, plodding economic recovery from
mid-2009 through early 2017 a Plow Horse. It wasn’t a thoroughbred, but it wasn’t going to keel over and die either. Growth trudged along at a sluggish – but steady - 2.1% average annual rate.




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