The Income Rally Roars On
by Jeffrey R. Kosnett, Senior Editor, Kiplinger's Personal Finance
Mar 06, 2020
2 minutes
No sooner do I warn investors that stock and bond prices are too high and point to spreading irrational overexuberance (see ) than all my favorite income investment categories go even more wild to the upside. Serves me right for questioning this market. I'm not abandoning all caution. I still believe that AT&T (symbol ) shares are expensive and that closed-end funds with nutty
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