When Rates Fall, This 14% Dividend Soars (Next Likely Jump: September)
August 20, 2024 at 05:00 AM EDT
I have to laugh when I hear people say Jay Powell has been tough on rates. Sure, he’s been talking tough. But when he’s not doing his Dirty Harry act at the mic, he’s been keeping the liquidity party going through the back door! I call this “Quiet QE.” If you’ve read my articles in the last couple of years, or are a member of one of my premium services, you’ve no doubt heard me talk about it before. It’s one-half of the opportunity we’re looking at in corporate bonds today. The other? The arrival of what I call “real” QE, in the form of rate cuts slated to start up in September.… Read more