Now that markets have calmed down, we have time to evaluate what happened last week plus try to figure out where the markets are going. Last week near the market's bottom I put out an article at SeekingAlpha on junk bond funds, giving quick thoughts about them. It has gotten good reception, but during these calmer times more might be interested in reading it:
Why Buy High Yield Bond Funds?
Many are very thankful for the Dow's rebound back to 13.3K. Of course it was just a couple of months ago many were cursing that Dow had fallen all the way down to 12½K. What a difference a couple of months make!
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