These 3 Dividends Could Get Slashed in 2017
January 02, 2017 at 05:00 AM EST
The S&P 500 is near record highs. The pundits see an elderly bull market with more room to run. The Federal Reserve says it will likely hike interest rates multiple times in the next 12 months. Sound familiar? It should. Because it’s exactly what we were as 2016 dawned. Here’s what happened in the following six weeks: I know what you’re thinking: Yes, but the index did go on to recoup those losses and more, with big rallies following the Brexit vote in June and Donald Trump’s surprise win last month. In the end, it wound up the year with a 10.1% rise. All true. But as you can see above, the Trump bump is starting to look sleepy. ... Read more