With a recession likely at some point, we’re going to focus our attention today on recession-resistant dividend stocks.
With all the talk of a “soft landing” or even “no landing”—the nightmare inflation scenario in which the economy keeps humming—we contrarians are going to take a step back. And respect the yield curve.
In a normal economy, longer-dated bonds would pay more than shorter-dated issues. After all, more time, more things that can go wrong. Which is why you and I are smartly prepping for a recession, regardless of what the latest financial narrative is.
The 10-year Treasury bond has paid less than its 2-year cousin for many months and counting.… Read more