Defensive, Dividend Paying Stocks With International Exposure Are Attractive Now

The smart-money consensus at this point is that the United States will remain in a slow growth cycle for at least the foreseeable future.Economists all over Wall Street have been cutting GDP estimates for the rest of 2010 and into 2011. Treasury yields have fallen precipitously over the last several months. 10-year Treasury notes are yielding an anemic 2.63% right now. Making matters worse, is the fact that stocks continue to appear very vulnerable, and taking on significant equity risk in search of higher returns may prove to be a costly mistake.... Read more