 |  |
September 27, 2011
Paul Kasriel received a lot of media notice with the publication of his commentary titled If Some Dare Call It Treason, Was Milton Friedman a Traitor? on his hypothesis that a lack of bank credit creation is the principal factor holding back the current economic recovery. In this commentary With Apologies to James Carville, It’s the Demand, Stupid, Kasriel clarifies how he believes demand can be created, and how that may spur the economy.
Do your clients like to sleep? Tell them this bedtime story.
Seldom have investors shown so much interest in fixed-income investing. There's nothing thrilling about Treasuries or bond yields--and maybe that explains investors' new-found curiosity! Start the conversation with your clients: Download this fast-paced client-use Fixedology presentation: Fixed Income: Almost A Bedtime Story.
| Funds | 10-Year or Since Inception | Gross Expense Ratios |
||
|---|---|---|---|---|
| Tax-Exempt
NOTEX - 4/1/1994
| 11.85% | 4.95% | 5.12% | 0.86% |
| High Yield Fixed Income
NHFIX - 12/31/1998
| 3.75% | 5.17% | 6.95% | 0.96% |
| Small Cap Value
NOSGX - 4/1/1994
| -0.60% | 0.39% | 7.99% | 1.36% |
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here. Performance would have been lower in the absence of fee waivers in effect. Select a Fund to view the most recent month-end performance information.
Europe Asia and U.S. in Three Minutes
Our Chief Economist gives a whirlwind world economic tour, showing snapshots of the major global economies.
Share
Email This Page
Print
Mixx
Digg
Facebook
Del.icio.us
Twitter
