One down, two to go.
The Federal Reserve launched yet another interest-rate hike after its mid-March policy meeting – the sixth such increase since December 2016, and what the Fed anticipates will be the first of three this year. Predictably, a certain subset of the market shuddered in response: lazy, low-growth dividend stocks. But at the same time, shareholders of a few other stocks quietly celebrated what should be a win for the years ahead.
Today, I want to highlight both types: The Fed-proof, and the Fed-frightened.
2018 isn’t shaping up to be a bad year for dividend growth, but it’s not a particularly good one.…