How We’re Locking In 10%+ “Forever” Yields Now
October 12, 2023 at 05:00 AM EDT
Today, more than 18 months after the press started ringing the recession alarm, they’re still at it! And we contrarian income seekers are still happy to take the other side of that argument. After all, this overdone fear mongering has handed us an opportunity to “lock in” bigger dividend yields than we’ve been able to grab in years. Our buy window is still open—at least for now. Even the banks are spreading fear these days. Like Société Générale, which recently warned that even a “hint” of a recession could cause a 1987-style crash in stocks. DC-focused sources are taking up the story, too, with Politico plaintively writing: “If the bond markets aren’t scaring you yet, they should be.”… Read more
