Ron Muhlenkamp

Ron Muhlenkamp 1Q16 Letter: Negative Rates Would Do More Of What Low Rates Did

Ron Muhlenkamp's letter to investors for the first quarter ended March 31, 2016.

In the spirit of our times, when trigger warnings abound, we should probably warn you now that what we’re about to discuss may make you uncomfortable. Continue reading at your own risk. And no, we won’t be discussing politics.

In many ways the first quarter of 2016 was a repeat of the events of late last year. The 10% correction in the S&P 500 Index . . .


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