proseadvocate

Six Reasons to Like the Morgan Stanley Emerging Market Domestic Debt Fund

The idea that FDIC is safe is a sad manifestation of our dwindling opportunities to save without loss of purchasing power, government fiat [the U.S. govt is the world's biggest debtor] and they have the greatest incentive to lower short rates, which usually impacts the dollar negatively. EDD is a good way to hedge such conflict and get a bounce on valuations for the foregoing reasons.