Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Saturday, October 22, 2016

Yield Is Getting Monkey Hammered

In addition to top yielding dividend stocks Lockheed Martin, Johnson & Johnson, and AT&T here is what is happening to the rest of the most overowned sector in the stock market...

First, rewind to this past July:

"There’s an alleged bubble in “low vol” stocks that is quickly extending to dividend-payers. Here’s how to play it."

Kelloggs

Campbell Soup

General Mills

Kimberley Clark

"Since the start of the year, the iShares Edge MSCI Minimum Volatility USA ETF (USMV) has taken in more than $5 billion, placing it first among inflows for stock-focused ETFs. The fund holds stocks that don’t move much, such as General Mills (GIS), AT&T (T) and Johnson & Johnson (JNJ)."

I think we all see where I'm going with this...