Updated: October 5, 2023
I get it: we’re all frustrated with this sluggish stock rebound. It’s been almost two years since stocks last hit all-time highs, and the S&P 500 is still sitting some 11% below the peak!
So let’s take a look at what’s behind this patience-testing market—and unpack a smart contrarian dividend play to take advantage.
2023 Is Not 2020 (or 2018)
Today’s frustration is understandable because over the last decade, we’ve grown used to markets that bounce quickly after a crash, with the 2020 COVID crash-and-rebound being the classic case. And we recovered so quickly from the 2018 pullback that you can be forgiven if you forgot about that one entirely!… Read more