Freedom56
Thinks s/he gets paid by the post
Im content with you just being able to wave your wand and get me a 25% sell off in water utilities. Get it done for me, and I know where half my money is going! Try to shut them down, Amazon, lol.
This could be a start of a bigger move down. I just don't buy the hype over the past year. The employment numbers (job gains) are no better than they were in 2015 and 2016. The U6 unemployment keeps inching up and the workforce size is not expanding. What I see is more and more vacant commercial real estate. With GE calling all their long dated 4.875% baby bond issues, what does that tell you about long term rates? I still believe this will be a repeat of 2013 for income investors for the first have of the year. Hard to believe but we actually had inflows into PFF and PGX this week. I'm waiting to get back into the preferred stocks and baby bonds that I sold off in December. They are inching their way down to par.
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