PUBLISHED BY INSTITUTIONAL ADVISORS
JANUARY 22, 2014
Prime Corporate Bonds
– At the secular low for interest rates in the mid-1940s, the Zoot Suit had the image.
– Polyester “leisure” suits over-stayed their welcome until the 1981 secular high.
– At the recent extreme low, the “skinny” look for men’s suits is very “in”.
– Lower-grade prices are even more extreme and are vulnerable to a change in fashion.
BOB HOYE, INSTITUTIONAL ADVISORS – WEBSITE: www.institutionaladvisors.com