My last article ended with a summary of how the market and preferred stocks have done since the end of 2018. I wrote the following:
During the last 3 months of 2018, the market dropped into bear territory. With the scare of rising interest rates, preferreds stocks and other interest sensitive securities fell along with the market. However, 2019 has been a very positive story with many preferreds returning to their previous highs after the fed made it clear that interest rates would stabilize. Even with recent highs, there are still many relatively safe and