If I were a Federal Reserve official—and I were not currently under investigation for sketchy February 2020 trades—I’d really be tempted to “back up the truck” on key taper tantrum dividend stocks.
These obvious payout plays have already soared 56% or more year-to-date. But there’s more to come because their profits are being artificially suppressed by the Fed. (Yes, you read that right. The Fed money flood is boosting everything except for these laggards. For now.) Once this constraint is lifted—or even moderated a bit—their bottom lines are going to boom.
Today, the Fed is buying $80 billion in government bonds every month.… Read more