Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries This 7% Dividend Is Available at a Rare “Double Discount” (That Won’t Last) By: Contrarian Outlook January 20, 2022 at 04:00 AM EST Investors are way too pessimistic about the economy. And their gloom—driven by the mainstream press (as usual)—is setting us up for a rare “double discount” on closed-end funds (CEFs) throwing off 7%+ yields. I say “double discount” because almost everyone is misreading some of the latest economic signals—and it’s causing them to sell stocks (and CEFs!) at exactly the wrong time. That mistake—which is behind a large part of the drop we’ve seen in the markets since the start of the year—is discount No. 1. And we’ll get discount No. 2 by shopping for CEFs that are also trading at undeserved discounts.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
This 7% Dividend Is Available at a Rare “Double Discount” (That Won’t Last) By: Contrarian Outlook January 20, 2022 at 04:00 AM EST Investors are way too pessimistic about the economy. And their gloom—driven by the mainstream press (as usual)—is setting us up for a rare “double discount” on closed-end funds (CEFs) throwing off 7%+ yields. I say “double discount” because almost everyone is misreading some of the latest economic signals—and it’s causing them to sell stocks (and CEFs!) at exactly the wrong time. That mistake—which is behind a large part of the drop we’ve seen in the markets since the start of the year—is discount No. 1. And we’ll get discount No. 2 by shopping for CEFs that are also trading at undeserved discounts.… Read more Read More >>