“Global turmoil will continue to roil equities markets but investors should cherry pick good buys out there, as many stocks will prove to be better investments than U.S. government debt, say a famous market bear and a famous market bull.
Marc Faber, the noted bear and author of the Gloom Boom & Doom report, and Jeremy Siegel, Wharton School finance professor and perennial bull, agree that with yields on U.S. Treasury bonds at rock-bottom levels, dividend-paying stocks are better bets despite market volatility.
The yield on the 10-year Treasury note has dipped below 1.5 percent, signaling that investors are willing to stash their cash in an investment that returns less than inflation rates in exchange for stability.”
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