http://blogs.wsj.com/marketbeat/2011/04/07/pik-your-poison-back-to-bubble-era-bonds/?mod=google_news_blog
One more sign that we are close to mania era top in the market.
After being burnt in the crash of 2008, PIK is back in fashion.
People do really have a very short memory.
One more sign that we are close to mania era top in the market.
After being burnt in the crash of 2008, PIK is back in fashion.
People do really have a very short memory.
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