Income Is Still Available, but Selectivity Matters More Than Ever
The financial markets continue to provide plenty of noise, drama and breathless predictions, which is fortunate for the financial media because calm markets do not generate many clicks.
Fortunately, the Easy Income portfolio was not designed to profit from headlines. It was built to collect substantial amounts of cash while owning assets that do not all respond to the same economic and market forces.
That diversification remains especially valuable today.
The broad equity markets have continued to advance, supported by strong corporate earnings and enthusiasm surrounding artificial intelligence, energy infrastructure and financial stocks. Expectations have also become extremely high. Analysts expect S&P 500 earnings to rise more than 20% in the second quarter, with technology and energy providing much of the growth.
