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Data Shows Consumers in Retreat

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  • Description

    Shah Gilani of Money Morning breaks down how to invest in a tepid market.

  • Duration 2:24
  • Date

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We'll Canada's no way around it consumers on not spending retail sales fell for the third straight month and rising corn prices from the midwest and drought.

That may -- -- grocery bill more than 3% of what you spent last year.

Joining -- company and -- Shah Gilani with money a moment to welcome of the program.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- From the economy clearly slowing may be a one and a half percent growth rate that's it.

Food prices are going up we town -- how's -- going down.

Want to wind line which stocks to wind behind an environment line that -- I think -- now you wanna stay away from both the retail sector and and I'm -- gas actually there's probably an opportunity here at this level.

I think there's some good plays and there I think energy can come down a little bit lower but at some point it's going to bottom out.

I'm I'm surprised he is not saying you wanna go for a dividend play that Robin is now and there is one particular.

Linn Energy is dividend play yields -- seven point 4% it's a -- -- partnership.

Energy exploration and production and it's a fact this is American US -- one of the fifteen largest independent oil and gas producers in the country and -- -- and LIN and that is actually LA and he is civil -- energy.

And you loan it to -- -- but we're gonna start acquiring intensified his position to be and.

7%.

View yes.

Lana see you -- -- with a ten year treasury yields one point 48%.

Of the center that is how.

How about tobacco stocks -- -- don't like tobacco and in my don't feel comfortable investing in it but I'm told the top three tobacco companies yield four point 7%.

So we have been in tobacco stood we actually closed -- positions out there was much profit we were we took them up very -- development because of the dividends and they appreciate nicely but.

We're looking for little -- in our portfolio but yes they're terrific positions to be and.

-- -- -- Altria -- -- Philip Morris international -- by those stocks now they've got an average yield of four point 7% of is that correct.

Is correct and I think they're good position to happen again dividend yield is really important right now there's nothing in the fixed income market is worth having given the risk its attendant with that so.

These stocks have opportunities for appreciation in the great dividend place you know you're attacking me back thirty yunis when -- well just -- the dividend we seem to be slipping back thirty years when things are gonna -- -- a lot of great to have what is in new -- appreciate it talent.

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