Sell Alert: Two High-Yield Sectors Getting Risky
Ares Capital(ARCC) Seeking Alpha·2024-06-29 01:23
tumsasedgars In general, I'm quite bullish on high-yield stocks (SCHD) right now, as it appears that inflation is increasingly under control and likely to trend lower over time. Additionally, the economy is weakening, with unemployment rising to around 4% recently, and typically, a weakening economy favors more defensive, interest rate-sensitive high-yield stocks. Moreover, numerous central banks, such as the Bank of Canada and the European Central Bank, have begun to cut interest rates. As a result, al ...