Money Life With Chuck Jaffe Daily Podcast

ProShares' Hyman: We're living through a 'dividend paradox'

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Synopsis

Simeon Hyman, global investment strategist at ProShares, says that the backdrop of economic challenges has made dividend income more important than ever for investors, but the market concerns also have companies suspending and cutting distributions. He discusses dealing with the stocks that have trimmed dividends as well as the sectors that he expects to lead the pack going forward. Also on the show, Brian Dumaine, author of 'Bezonomics: How Amazon Is Changing Our Lives and What the World's Best Companies Are Learning from It,' and Mike Brown of LendEDU. Plus Chuck gives his harsh assessment of financial advisory firms that have accepted Small Business Association loans to get through the pandemic.