Stocks are about to do something almost totally unheard of: chalk up three winning years in a row. And no one is celebrating.
Instead, worry is everywhere: about an AI bubble. Sticky inflation. Or the Fed—everything from the bank’s next chair to its independence and the direction of rates.
This combo—a strong market tempered with a big dose of anxiety—has set up a rare setup in our favorite high-income plays: 8%+ yielding closed-end funds (CEFs). It comes in the form of a pattern I don’t see often, but when I do, it’s almost always a buying opportunity.
This post appeared at Dividend Stocks Research.