“Valuation concerns have already crept into the market, some investors said, as defensive stocks that tend to post lower growth than companies like Amazon and Facebook have outperformed,” reports the WSJ. “The top five performing S&P 500 sectors the past three months are all defensive, Bank of America Merrill Lynch said in a recent note, including consumer staples, utilities and health care.”
Defensive stocks tend to be the ones paying dividends, and dividends are the backbone supporting the recent strength in our Retirement Compounders®.
Originally posted on Yoursurvivalguy.com.
