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Equity and junk bond buyers were eager to invest.
Stock funds must have seen four market cycles; for global equity and junk funds, the period is three cycles.
In the case of global equity and junk funds, the basic rating period is three cycles; funds that have been around for only two are bulleted.
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"Now is not a good time because I think we are still a few months away from the bottom of the equities market," and junk bonds could fall further, said Peter J. Petas, chief global strategist at CreditSights, an independent research firm in New York.
Speculation has run rampant in recent years in real estate, commodities, private equity, farmland, the carry trade (borrowing a low-yield currency, lending a high-yield currency), emerging market equities and debt, junk bonds and leveraged loans.
I didn't set out with any specific portfolio construct in mind, but today I'm half equities and half junk bonds, preferreds and New York municipals bought at yields above 5%, now closer to 4%.
Cuisine and geopolitics were cosmopolitan and knowing ("carpaccio," "chai," "gulag," "Moonie"), finance affected to be straight-shooting and square-jawed ("direct deposit," "junk bond," "sweat equity"), and fashion invoked comparisons to things that were practical or military ("cargo pocket," "string bikini").
And junk mail?
Me, Gemma, and junk.
HONEY AND JUNK, by Dana Goodyear.
And junk science had become ubiquitous.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com