Top-Down Convertible Funds Are Timely
In hisWeekend Reading Notes to investors, while commenting on convertible bond funds, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more A Situation For The Monetary History BooksI’m not sure when the last time such a divide over the direction of interest rates and bond yields existed, but the present situation is one for the monetary history books. When it looked like lower commodity prices were taking hold, about the only commodity that really retreated heavily from its recent high was lumber. Energy and food are trading higher following a broad pullback earlier this mon...