{"id":455682,"date":"2017-03-16T12:30:19","date_gmt":"2017-03-16T12:30:19","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=455682"},"modified":"2017-03-16T12:30:19","modified_gmt":"2017-03-16T12:30:19","slug":"thanks-yellen-heres-what-to-do-after-yesterdays-rate-hike-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=455682","title":{"rendered":"Thanks, Yellen\u2026 Here\u2019s What to Do After Yesterday\u2019s Rate Hike"},"content":{"rendered":"<div class=\"ftpimagefix\" style=\"float:left\"><a class=\"colorbox\" href=\"http:\/\/juniormininganalyst.com\/thanks-yellen-heres-what-to-do-after-yesterdays-rate-hike\/\"><img decoding=\"async\" width=\"150\" src=\"https:\/\/dailyreckoning.com\/wp-content\/uploads\/2017\/03\/spvaluationsummary.png\" alt=\"S&amp;P 500 valuation summary\"><\/a><\/div>\n<p><span>By  <a class=\"colorbox\" href=\"https:\/\/dailyreckoning.com\/thanks-yellen-heres-yesterdays-rate-hike\/\">Jody Chudley<\/a><\/span>  <\/p>\n<div><\/div>\n<p>This post Thanks, Yellen\u2026 Here&#8217;s What to Do After Yesterday&#8217;s Rate Hike appeared first on Daily Reckoning.<\/p>\n<p>Yesterday&#8217;s announcement from the Federal Reserve was certainly no surprise\u2026<\/p>\n<p>Just as expected, the FOMC decided to raise interest rates 0.25%, bringing the Federal Fund rate to a meager 0.75%.<\/p>\n<p>Following Yellen&#8217;s announcement, the markets rallied half a percent. Gold was the bigger star, rising 1.5% over the course of an hour.<\/p>\n<p>Now that the drama of the meeting is over, the headlines will have to find something else to fret over\u2026<\/p>\n<p>For us, it&#8217;s time to focus on where the markets are headed.<\/p>\n<p>While investors cheer as the market climbs to new highs, the elephant in the room remains\u2026<\/p>\n<p>By almost every metric, the market is over-valued.<\/p>\n<p>Listen, I am all for buying and holding on for the long term. But these days, it&#8217;s almost impossible to find a fairly priced company that offers a decent yield.<\/p>\n<p>It&#8217;s an uncertain time for investors. But you CAN find decent yield at a fair price\u2014 you just need to know where to look.<\/p>\n<p>Below, Jody Chudley reveals a hidden gem in the world of income.<\/p>\n<p>Market Looking A Little Top Heavy? Sidestep The U.S. With This Huge Dividend From Across The Pond\u2026<\/p>\n<p>Here we are\u2026 eight years into the bull market that started in March 2009.<\/p>\n<p>To appreciate how rare a bull market of this length is, we need to realize that this is the second longest bull run in the history of the S&amp;P 500.<\/p>\n<p>Let&#8217;s not beat around the bush. There is going to be a bump in the road at some point, and perhaps soon. Bull markets end when a bear market arrives.<\/p>\n<p>They always do.<\/p>\n<p>As usually happens when stocks go up for eight straight years, valuations end up looking pretty expensive. Remember, the S&amp;P 500 hasn&#8217;t just gone up for the past eight years \u2014 it has soared. From the 666 low in March 2009, the S&amp;P is now bumping up against 2,300.<\/p>\n<p>I stumbled onto the chart below from Goldman Sachs, which compares the market today on seven valuation metrics against historical averages. I thought it was well worth sharing.<\/p>\n<\/p>\n<p>Source: Goldman Sachs<\/p>\n<p>What this shows us is that the S&amp;P 500 today is more expensive than it has been at almost any time historically. We need to have our eyes open to this fact.<\/p>\n<p>Now, I&#8217;m not suggesting that there is going to be any immediate market crash. What I am willing to say is that we need to be prepared for an S&amp;P 500 that has much tougher sledding over the next few years.<\/p>\n<p>Which is why dividend-paying stocks are going to be so important.<\/p>\n<p>First, dividend income is going to provide a solid amount of investment returns on its own.<\/p>\n<p>Second, if the market does decline at any point, dividend-paying stocks are going to hold up a whole lot better than the overall market. The dividends that these companies pay provide a floor for their stock prices that growth stocks with frothy valuations do not have.<\/p>\n<p>And third, that <a class=\"colorbox\" href=\"https:\/\/dailyreckoning.com\/thanks-yellen-heres-yesterdays-rate-hike\/\"> \u2026read more<\/a> <\/p>\n<p>Source:: <a class=\"colorbox\" href=\"https:\/\/dailyreckoning.com\/thanks-yellen-heres-yesterdays-rate-hike\/\" title=\"Thanks, Yellen\u2026 Here's What to Do After Yesterday's Rate Hike\">Daily Reckoning feed<\/a><\/p>\n<p>The post <a class=\"colorbox\" rel=\"nofollow\" href=\"http:\/\/juniormininganalyst.com\/thanks-yellen-heres-what-to-do-after-yesterdays-rate-hike\/\"><\/a><a class=\"colorbox\" href=\"https:\/\/dailyreckoning.com\/thanks-yellen-heres-yesterdays-rate-hike\/\">Thanks, Yellen\u2026 Here&#8217;s What to Do After Yesterday&#8217;s Rate Hike<\/a> appeared first on <a class=\"colorbox\" rel=\"nofollow\" href=\"http:\/\/juniormininganalyst.com\/\">Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jody Chudley This post Thanks, Yellen\u2026 Here&#8217;s What to Do After Yesterday&#8217;s Rate Hike appeared first on Daily Reckoning. Yesterday&#8217;s announcement from the Federal Reserve was certainly no surprise\u2026 Just as expected, the FOMC decided to raise interest rates 0.25%, bringing the Federal Fund rate to a meager 0.75%. Following Yellen&#8217;s announcement, the markets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/455682"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=455682"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/455682\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=455682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=455682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=455682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}