Opening Statement from the April 2017 Dividend Gems

Opening Statement from the April 2017 Dividend Gems

Originally published on April 16, 2017

Immediately after the 2016 Presidential Election, Treasury yields soared along with the stock market reflecting investors’ optimism that Trump’s economic and fiscal policies would ultimately lead to more robust economic growth at the cost of higher inflation.

Prior to the post-election rally, yields were at record lows, so there was certainly room for upside. But because yields rose so fast over such a short time frame investors became concerned that yields might be on course to reach excessive levels.

We previously discussed that