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Convertible Bonds: The Everything Asset Class | Paul Latronica
Forward Guidance
What's the Market Place Been Like in the Last Two Years?
Paul, the last time we spoke, it was during the heat of battle. It was all risk asce had plummeted. Since then, s p 500 has rallied something like 17 %. Yet, tell us why do you think equity prices were so dislocated at the time? To what degree were they represented of the fundamentals with credit spreads and equity prices? And then yet, wha. What's the past two months been like?
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