Way too many financial writers have been decrying this market “pullback” we’ve seen in the last few months … but they’re entirely missing the point. The “boring” truth is that what we’ve been seeing is nothing more than a transition from a panicked market to a more normal one. That’s the kind of setup the drama-fueled press hates—but we income investors love. After all, in a “normal market,” we can buy our favorite high yielders—and there are plenty out there trading at bargain prices right now — without worrying about “losing our dividends” to price declines. How do I know we’re shifting to a more normal market?… Read more