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 Recession Indicator Flips Red: Here’s the 6.9% Dividend to Buy By: Contrarian Outlook July 10, 2023 at 05:00 AM EDT One of the most accurate indicators out there is telling us a recession is ahead. And—odd as it sounds—that warning is bringing us a chance to buy a 6.9%-paying fund with two key advantages: This fund—a closed-end fund (CEF) , to be precise, generates extra income when the bull takes a breather, making its 6.9% payout even safer, and … It’s cheap, in relative terms, and will likely be in higher demand as a recession nears. That fund, the Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) is at the center of our strategy today because of something that sounds obscure but should be on every investor’s radar: the yield spread between 3-month and 10-year Treasury notes is negative—meaning the yield on the 3-month is higher than that of the 10-year.… 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.
Recession Indicator Flips Red: Here’s the 6.9% Dividend to Buy By: Contrarian Outlook July 10, 2023 at 05:00 AM EDT One of the most accurate indicators out there is telling us a recession is ahead. And—odd as it sounds—that warning is bringing us a chance to buy a 6.9%-paying fund with two key advantages: This fund—a closed-end fund (CEF) , to be precise, generates extra income when the bull takes a breather, making its 6.9% payout even safer, and … It’s cheap, in relative terms, and will likely be in higher demand as a recession nears. That fund, the Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) is at the center of our strategy today because of something that sounds obscure but should be on every investor’s radar: the yield spread between 3-month and 10-year Treasury notes is negative—meaning the yield on the 3-month is higher than that of the 10-year.… Read more Read More >>