The Risks of High Yield

I saw it with a global financial crisis and I saw it, you know, at the end of last year. We've leaned back away from Europe and now looking back towards the US because I think inflation is a little bit stickier in Europe than it is in the US. You look for those opportunities when things break, but right now I'd say on the margin I go towards the US. The only thing harder to predict than interest rates is weather.