TipRanks

3 “Strong Buy” stocks with a dividend yield of over 9%

The markets ended 2020 on a high level and started 2021 on a bullish course. All three major indices have hit all-time highs recently as investors seemingly looked beyond the pandemic for signs of a swift recovery. The experienced strategist Edward Yardeni sees a slowdown of its own in the economic recovery. As the COVID vaccination program enables further economic opening and more people to return to work, Yardeni predicts a wave of pent-up demand, rising wages and rising prices – in short, a recipe for inflation. “In the second half of the year, we could be looking for some consumer price inflation that would not be good for overvalued assets,” Yardeni noted. The warning sign of higher yields is higher yields in the government bond market. If the Fed eases the low interest rate policy, Yardeni sees government bonds reflect the change first. A situation like this is tailor-made for …



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