Credit Suisse: As High Yield Trades Get Crowded Sell DividendsRupert Hargreaves
Credit Suisse: Sell dividends buy cyclicals
The hunt for yield has been the number one trade for investment advisers and asset managers since the financial crisis. However, this trade is now being openly criticised by an ever growing number of analysts who believe yield investments currently trade at some of their most expensive valuations in history, and these valuations are becoming increasingly difficult to justify.
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