Contrarian Alert: Investor Discomfort Means Dividend Deals

No doubt, there is a lot to be worried about right now in the financial world. Fortunately, there is finally a lot of worrying happening. We contrarians welcome unease. Broader discomfort means dividend deals . Investor sentiment is at last falling back to earth after months in the clouds. Sometimes these emotional drops are drawn out. Or the breakup can be short and swift. Last September and October, too-cheery bulls got splashed with cold water. Their wake-up call, fittingly, came just weeks after we chatted about their “over the top” sentiment. We specifically discussed the likelihood of a 10% pullback given the extreme levels of investor cheer .… Read more