CAJFF - 5%+ Dividend Yield Portfolio: Tough Sledding For Yield Investors (January 2020 Review)
Musings
January 2020 was a tough month for stocks but was especially tough for value and international (especially emerging markets).
Source: S&P Dow Jones
Source: S&P Dow Jones
I hate to dwell on the ugly, but things were really ugly for domestic energy stocks as well. In fact, I used the brief bump in oil prices created by the Iran-U.S. showdown to unload most of my energy holdings. I am not anti-oil, but I am not sure that industry valuations will ever again approach ‘normal’ until the transition to clearer sources of energy become more