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Beware Banks’ Utility-Like Yields. They’re Not as Safe: (KBWB)
FYI: Looking for a sector with solid dividend yields, dependable earnings growth, and solid fundamentals?
Utilities are an obvious choice, and they have been hot this year as stock investors turn defensive amid the U.S.-China trade war and growing signs of a recession.
But banks, given their attractive yields and reliable earnings, have been put forth by some market observers as a possible alternative.
