Source: pxhere.com. Labeled for reuse (Creative Commons CC0).
“Food is an important part of a balanced diet.”
– Author Fran Lebowitz
Last December in the midst of a corporate credit meltdown, we penned an article, “Growing Risk in Dividend Focused ETFs,” where we warned how investors in dividend-focused funds could be at risk as over-leveraged companies would go on a balance sheet diet lest they lose their investment grade rating (so-called Fallen Angel risk).
In the article, we posited that the Federal Reserve, having expressed early signals of a dovish pivot away from