WSJ – Daily Shot

There were a couple of very interesting  charts in today’s Daily Shot.

First is a blurb attributed to Jerome Powell, which suggests that the Fed is likely to continue on its slow but steady path of rate increases.

The second item relates to the relative attractiveness of stocks versus fixed income. It shows, at least on a current income basis, dividend income is now no longer a particularly attractive benefit for owning equities versus fixed income assets.