Almost regardless of what happens these days, the market pushes higher. The gains continued unabated thanks to 15 years of excess central bank-provided liquidity, tempered by two years of rate hikes.
A long-overdue sell-off is probably coming and may start right after the election. While it doesn't necessarily mean a market crash, it could mean a fast and furious 10%, 15%, or even 20% bear market territory drop.
One of the categories on Wall Street that some portfolio managers don't want to discuss in their portfolios is the so-called sin stocks. These are companies that sell tobacco and alcohol products, run gambling casinos, sex-related industries, weapons manufacturers, and now even marijuana producers.
We screened our 24/7 Wall St. sin-stock research database and found five companies that pay dependable high-yield dividends and look likely to withstand market volatility.
Collection
[
|
...
]