3 “Strong Buy” shares with a dividend yield of over 9%
Markets ended 2020 on a high note and started 2021 on a bullish path. All three major indices recently hit all-time highs as investors apparently looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown. As the COVID vaccination program enables greater economic openness, with more people returning to work, Yardeni predicts a pent-up wave of demand, rising wages and rising prices – in short, a recipe for inflation . “In the second half of the year, we might be on the lookout for consumer price inflation that might not be good for overvalued assets,” Yardeni noted. The warning sign to look for is rising yields in the Treasury bill market. If the Fed eases its low rate policy, Yardeni sees Treasury bills reflect the change first. A situation like this is cut out for …
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- According to the source Aptiv Reports Fourth Quarter 2020 Financial Results and 2021 Outlook
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