It feels a little like we’re in the Twilight Zone. It’s as if two economic realities exist at the same time. To understand what I mean, consider the backdrop in light of the Federal Reserve’s recent interest rate cut. Sure, there are some potential things to be worried about, like recent manufacturing data. Or the trade war. But unemployment is at a 50-year low and stocks are making all-time highs. Meanwhile, I can still take out a new mortgage for the same rate I did in 2012. Curious indeed. To make sense of all this, I turned to… Read More
It feels a little like we’re in the Twilight Zone. It’s as if two economic realities exist at the same time. To understand what I mean, consider the backdrop in light of the Federal Reserve’s recent interest rate cut. Sure, there are some potential things to be worried about, like recent manufacturing data. Or the trade war. But unemployment is at a 50-year low and stocks are making all-time highs. Meanwhile, I can still take out a new mortgage for the same rate I did in 2012. Curious indeed. To make sense of all this, I turned to StreetAuthority’s resident income expert, Nathan Slaughter. I consider Nathan to be the dean of StreetAuthority analysts. That’s because he’s been researching, writing, and delivering picks to readers since 2004. For the past six years, Nathan has been at the helm of High-Yield Investing, one of StreetAuthority’s most popular newsletters. Prior to joining StreetAuthority, Nathan spent some time as a financial planner and wealth management advisor. He’s covered a lot of investment ground here over the past 15 years, from commodities to micro-caps. But most of his time has been spent in the pursuit of quality income-paying stocks and securities. If… Read More