United States investors let their portfolios do the talking two days ago, on March 10, 2014. That’s when they withdrew more than $87.5 million from exchange-traded funds focused on China — the most out of 46 nations investing in such plays. That brings the year-to-date total to $380.7 million, according to Bloomberg. This equity exodus was precipitated by official data showing Chinese exports dropping to their lowest level since 2009, the slowest inflation rate in 13 months and the country experiencing its first bond default. Is this the beginning of the Beijing Bubble popping? Or a hiccup along the way to becoming the world’s largest economy? You decide.
One income-producing investment should occupy the top of the list for both independent and institutional investors looking for high yield: PowerShares KBW High Dividend Yield Financial Portfolio (KBWD).
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: