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Jason Zweig: Preferred Stock: This Crazy Market Warps Another Asset
FYI:In investing as in life, popularity has its price.
Investors in preferred stocks may learn that lesson before long. With stocks hitting record highs in lockstep this week and bonds providing income you can’t find without a microscope, preferred stocks have been one of the trendiest investments around. But this market shows some signs of overheating. Regards, Ted http://blogs.wsj.com/moneybeat/2016/08/12/preferred-stock-this-crazy-market-warps-another-asset/
