Volatility is back! With the market whipsawing again, you’re likely seeing more red in your portfolio these days.
At times like this, you might be tempted to give in to emotion and sell. That’s understandable—self-preservation is, after all, our most powerful instinct.
But keep your nerve. Because now is the time for contrarians like us to get greedy for yield—and upside.
Here’s why: American companies’ earnings are strong, their revenues are rising, and there are no indications of a recession anytime soon.
I’ll go through these points one by one, because it’s important to see how the data disagrees with the panicky noise the media publishes these days.… Read more