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ECCC - Recession Coming Soon: Safeguard Your Income!
Eagle Point Credit Company Inc. 6.50% Series C Term Preferred Stock due 2031
Summary
We are about to head into a period of economic unrest caused by the Fed's rapid increase in interest rates and the uncertainty over when the Fed will taper off.
While we don't expect a recession until late next year, the next 6 to 9 months is the time to begin preparations.
We target 3 areas to invest in that should provide relatively safe income streams: Midstream, Preferreds, and Baby Bonds.