so who will you believe? marketwatch or me
i mean, the author is a Harvard affiliate
two more charts, hershey and proctor & gamble. good dividend stocks and the reason they're relevant is that they tend to be attractive in times of low interest rates/yield.
why i think the Fed is gonna ruin the party is that in the charts below, both dividend players reached a relative peak (see "2" in chart) around this time of low interest rates. there's a reversal going on here which tells me perhaps interest rates are not going as low as everyone is expecting. "1" in the chart marks the period of increased expected hawkishness from the Fed and you can see how in recent times when the Fed is hawkish, the stocks fall (in 2018), and when the Fed is dovish (like recently), the stocks rise. this channel has forced these stocks to fall and is an indicator to me that the dovishness of the Fed has ended. wall street still is pricing in multiple interest rate cuts while these dividend players are telling a different story. i picked these dividend stocks because they're devoid of a bunch of the noise -- trader war, recession, etc.
when we don't continue get the dovish Fed everyone is currently expecting, stocks will fall.
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