4 High Yielding European Blue Chip Stocks Worth a Look
Monday’s market brought a reminder on how volatile the markets can be and gives a preview of the increasing turbulence I expect to see over the summer in equities. Yesterday’s trigger was S&P’s announcement of a possible future downgrade of U.S. sovereign debt if we do not get serious about our fiscal problems. Other major concerns out there are rising inflation and gas prices, continued Middle Eastern turmoil, a slowdown in Japan’s growth and the negative impact to the supply chain due to the tragedies there, growing European debt issues, the coming end of QE2 and a growing Chinese property bubble; just for starters. Given all the current news flow, I am extremely cautious here. I am keeping a decent amount of my portfolio in cash and some other assets in the TBT ETF, as I believe interest rates have nowhere to go but up in the medium and long... Read more