Why Dividend-Paying Utility Stocks Will Lead the Market Higher
Somewhere in Washington DC Ben Bernanke is surely smiling, if only slightly. In recent weeks, stocks have been rising and last week the Utility Index (XLU) broke to a new 12-month high, signaling that investors may be willing to take on more risk. Amid all the worries Ben carries on his shoulders about the viability of the US economy, he has to constantly be aware of the shifting moods of the players, consumers, and business people, in the current unfolding economic drama. Ben knows what he needs most right now is a catalyst to lift the "animal spirits" of the players so they will return to more normal consumption and investing patterns.... Read more