4.21.2017

An ETF of ETFs??? BRILLIANT!

While the scene is not specifically referenced in this Zerohedge Post, the subtext certainly references it. A great explanation of synthetic CDOs from Selena Gomez and Dr. Richard Thaler:

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QE has permanently ruined bonds for investors

You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...