Co-produced with PendragonY and Treading Softly for High Dividend Opportunities
Why recommend buying preferred shares now?
For income investors, the preferred stock space is one of the most defensive and conservative ways to get exposure to high-yield stocks. Many of these preferred stocks have pulled back recently alongside the market selloff. As we head into the year 2020, the risks to both the U.S. economy and global economy are likely to increase, and this should prompt the Federal Reserve to continue cutting interest rates to avoid a future recession, or at the minimum, keep rates