UTG - 2 Dividends Set To Soar When The Fed Cuts Rates
2024-05-03 08:30:00 ET
Summary
- Interest rate changes are part of the economic cycle; we choose to get paid handsomely through the drama.
- Certain sectors benefit big from rate cuts, and pay rich income through the waiting process.
- We discuss two quality CEFs offering +7% yields to enrich our retirement income.
Co-authored with Hidden Opportunities
Interest rates act as a financial winter, chilling economic activity by increasing the cost of borrowing and cooling consumer spending. Conversely, rate cuts can thaw the freeze, invigorating investment and stimulating growth across various sectors. Lower interest rates encourage borrowing and reduce the cost of variable-rate debt. That combination generally benefits business growth earnings, driving investor interest, and resulting in higher stock valuations....
2 Dividends Set To Soar When The Fed Cuts Rates