This has been an interesting year in the stock market. As the market has been lifted to all-time highs by an accommodative monetary policy and an economy starting to fire on all cylinders, long-term investors have profited handsomely during the first half of the year. A pullback in August led the Dow Jones Industrial Average to drop nearly 1,000 points before stabilizing in the 14,800 range. Despite this… Read More
This has been an interesting year in the stock market. As the market has been lifted to all-time highs by an accommodative monetary policy and an economy starting to fire on all cylinders, long-term investors have profited handsomely during the first half of the year. A pullback in August led the Dow Jones Industrial Average to drop nearly 1,000 points before stabilizing in the 14,800 range. Despite this setback, stocks are still showing signs of strength that should last for the rest of the year.#-ad_banner-# But the fuel powering the stock market has its drawbacks: Low interest rates and accommodative policy have sent yields to ultra-low levels while boosting stocks. In fact, income investors have become so frustrated by the lack of yield that this year’s investing theme can be summed up in four words: the search for yield. I learned from… Read More