The asset price “fuel” that our Federal Reserve has provided since March 2020 is going away soon. This will likely lead to continued volatility and a challenging backdrop for stocks-at-large.
Periodic “flights to safety” could benefit secure dividend stocks. We’ll touch on the outlook for income plays in a moment. First, let’s talk macro.
The stock market has been rallying for 21 months thanks to the Fed. It has gassed asset prices by buying trillions of dollars in bonds.
(Note: “Bond buying” is a polite way of saying “money printing.” The bonds were using cash that Chairman Jay Powell created out of thin air.)… Read more