“From Contrarian Outlook: There’s one income-producing sector you probably hold in your portfolio–and you may be wondering why it’s crashing out this year.”
“I’m talking about utilities, which are famous for their rock-steady dividends (and predictable dividend hikes). These companies literally power the economy. But if utilities are so important, why are they in the toilet while the rest of the market is on fire?”
Read the full article at ETF Daily News right here: Utilities Pullback Provides Good Income Entry Point (XLU)