This Little-Known Class of Stocks Will Thrive as Rates Go Down and Volatility Up
December 01, 2019 at 12:00 PM EST
By Robert Ross An entire class of high-yield stocks just got a big boost. Fed Chairman Jerome Powell announced last Wednesday that the central bank will cut interest rates by 0.25%. But we expected this. Investors had already priced in a 100% probability that the Fed would cut rates, according to...