As we show in the Market Blaster video above, there were few places of refuge in the broad-based sell-off. Banks were slaughtered, with Citigroup down -4.2%, Bank of America whacked -4.5% lower and Goldman Sachs off -3.2%. Big dividend payers in the iShares Dow Jones Select Dividend Index (DVY) ETF were down just shy of 2%, and AT&T showed its defensive stripes, losing just 0.7%.
Gold was the big beneficiary of the stinker of a jobs report, as it may move the Federal Reserve to roll out another round of government-bond buying. The last two times Ben Bernanke and the FOMC launched quantitative easing measures in 2009 and 2010, gold went on massive runs higher.
Source: Forbes
Related Articles:
- A Roadmap To Build Wealth With Dividend Stocks
- The Good, The Bad and The Ugly of Dividend Stocks
- 12 Blue Chip Dividend Stocks For When the Chips Are Down
- Spanning the World For The Best Dividend Stocks
- My Five Top And Bottom Performing Dividend Stocks
Gold Miners And Dividend Stock Shine
Posted by D4L | Wednesday, June 13, 2012 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
BDCs can be excellent investment options for those seeking high returns, particularly when acquired at favorable valuations and supported by...
-
How high is too high when it comes to dividend stocks? Of course, every income investor wants as much yield as possible. However, they also ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.