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Archive of entries posted on July 2011

Manufacturing crises. That’s all they’re good at. Not my bag, however.

The high-yielders took a hit 2% hit yesterday, as the market worried about Washington’s manufactured debt ceiling crisis. This one is so predictable. These two dummies will get their act together and raise the debt ceiling at the last minute. Doing deals at the last moment is the only thing they’re any good at. But […]