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Facing A Take-Private, Books-A-Million Deserves Your Attention

A Good Spread to Watch

If I was pressed to use one word to describe the current market environment, it would be "uncertain." In the past twelve-month period, investors have witnessed not one, but two near-black swan events, the first being the crash in oil prices and the second being the surprise depegging of the Swiss Franc. Combining this systematic uncertainty with the fact that the market is currently at all-time highs, it is unsurprising that many investors are running for…