This was an excellent week for REITs as bargain hunters bought these stocks with yields of 6 - 8 - 10% or more. Junk bonds pulled back, sending their high yields even higher. The Alerian MLP index fell 15 to a new 52 week low. Some of their decline may be hedge funds (whatever) dumping at fire sale prices. Generally the S&P Dividend Aristocrats went with the markets. One of my favorites, Coca Cola (KO), did well. The VIX (volatility index) had a wild week going over 34, but ended with only a modest change at 26.62 (still indicating a very bumpy ride ahead for the markets).
Expect more excitement this week!
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