Income hunting: If life was tough before, it is even tougher now
How not confuse cyclical issues with structural ones
Hugh Gimber of J.P. Morgan Asset Management
For income-hungry investors, the menu of low-risk options already looked fairly sparse at the start of 2020.
Fast forward six months and the challenge is even greater. Rate cuts and asset purchases from the central banks have performed the essential role of keeping government borrowing costs low, but for those...
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