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Low Rates, Low Inflation&Slow Growth Spark a Flight to Quality - Navellier

Posted by Gabriel Burczyk | Founder & CEO
July 16, 2012

Louis Navellier takes a look at dividend paying stocks and how low interest rates are driving them up. "Stocks declined steadily over the first four days of last week, mostly due to lackluster second-quarter earnings reports and growing fears of the impending "fiscal cliff." But on Friday, JPMorgan Chase reported unexpectedly high earnings of $5 billion, despite a $5.8 billion trading loss in May. On that news, the Dow shot up 204 points and the S&P 500 eked out a small (0.16%) weekly gain."

Navellier & Associates, Inc.