Bill Gross dice dividendos!

Parece que Bill Gross dice que las empresas que dan buenos dividendos son el camino correcto… Pero yo ya he leido en varios sitios que estan sobrevaloradas a dia de hoy, asi que parece que no ha sido el primero en darse cuenta o al menos a tardado en decirlo, nadie cree en el mercado a medio plazo, solo en sectores o en dividendos etc…

"Stock P/Es will rest at lower historical norms, and higher stock prices will ultimately depend on tangible earnings growth in the form of increased dividends, not green shoots hope. An investor should remember that a journey to 3% nominal GDP means default/haircuts for assets on the upper end of the risk spectrum, as well as extremely low yielding returns for government and government-guaranteed assets at the bottom end.

There is no investment potion for this new environment other than steady income-producing bond and equity investments in companies with strong balance sheets and high dividend yields, as well as selectively chosen emerging market commitments where nominal GDP growth prospects are tilted upward as opposed to gravitating to new lower norms."

— Bill Gross, Managing Director of Pimco