Credit Suisse: As High Yield Trades Get Crowded Sell Dividends

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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