Quote of the Day
"The real barrier to entry is still knowledge of how markets work, how companies work, knowledge of how fundamentals work, knowledge of how macroeconomics works, knowledge of how microeconomics works. And if you can bring that knowledge to bear, you can harness that data in a more structured way, and build models that are less overcrowded..."(Manoj Narang)
Chart of the Day
Closed-end municipal bond funds are neither fish nor fowl.