Master Limited Partnerships, or MLPs, generally refer to publicly traded limited partnerships. As with any type of security, MLPs have their own unique quirks of which an investor should be aware before deciding what role they could potentially have in their portfolio.
Since the start of the New Year, the markets seem to have been in rally mode. This is mostly due to short-term positive economic data combined with undervalued stock prices marking 2012 so far, both at home and abroad. This kind of encouraging data will surely bolster the markets, at least short term. We can’t deny that it has been a great way to start the quarter.
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