Interest Rates, Bubble Bonds, and Stock Market Hope – May The Odds Be Ever in Your Favor

by Jeffrey Miller, Partner, Eight Bridges Capital ManagementOctober 19th, 2016

President Snow:  Seneca… why do you think we have a winner?Seneca Crane:  What do you mean?President Snow: I mean, why do we have a winner? I mean, if we just wanted to intimidate the districts, why not round up twenty-four of them at random and execute them all at once? Be a lot faster.[Seneca just stares, confused]President Snow:  Hope.Seneca Crane:  Hope?President Snow:  Hope. It is the only thing...

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