Thesis Summary
Interest rates across the curve are set to remain lower for longer. This will pressure the profitability of several kinds of financials, especially banks. The WisdomTree U.S. Dividend Ex-Financials ETF (DTN) is a good option for dividend investors who want to avoid the financials sector.
Full Investment Thesis
Massive buildups of unproductive debt, diminishing real investment, and expanding inequality have historically led to lower, rather than higher, economic growth and interest rates in the United States.
That is my observation in "The Monetary Death Spiral Is Accelerating," in