Published on 23 May 2024 on Zacks via Yahoo Finance
While the stock market has been hovering around a record-high level, there are valid reasons to approach the current situation with caution. The excitement for AI, chances of global growth slowdown and still-present inflationary pressure indicate potential bubbles and occasional corrections.
Against this backdrop, high-yielding ETFs may come to investors’ rescue. This is especially true given the fact that even if the stock or the fund falls, higher current income will go a long way in protecting investors’ total returns.