Perspectives on post-crisis life, fears grow of another selloff, and the argument for preferred shares

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Perspectives on post-crisis life, fears grow of another selloff, and the argument for preferred shares GlobeInvestor

The stock market’s impressive recovery over the past four weeks in the face of surging unemployment and vanishing economic activity is making a number of influential observers concerned about what comes next. It’s arguably the most urgent question facing investors today: Is there a bigger sell-off in the works? David Berman looks atStock markets continue to flounder as investors try to figure out where we are going economically.

The slow accumulation of companies cutting their dividends is taking some of the stink off an investment category that has been frustrating investors for years. Preferred shares have been in a bear market of roughly 10 years in length and were utterly savaged in the March stock market crash. They’ve rebounded a fair bit since then, but that’s only part of the reason why investors should reassess them right now.

 

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