Cartoon of the Day: Yield-Chasing Hamsters

Takeaway: The complexion of the US stock market this year has become a slow-growth-yield-chaser.

Yield chasing hamsters 5.09.2014 normal

 

As CEO Keith McCullough wrote in today’s Morning Newsletter, "If you’re a levered long high-multiple-growth-momentum-chaser, you may not like the complexion of the US stock market this year, but that doesn’t change what it’s become – a slow-growth-yield-chaser."

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