Informa's Ader Sees 'Value in Cash' with Hiking Fed

The video discusses the S&P 500's reduced defensiveness due to decreased weightings of traditionally defensive stocks, leading to lower dividend yields. It highlights the bleak performance of financial stocks amid a flattening yield curve and anticipates further Fed rate hikes. The discussion also covers the value in the treasury market, suggesting a potential flattening of the yield curve and the possibility of 10-year yields spiking over 3%.

How has the decrease in defensive stocks affected the S&P dividend yield?

What implications does a flattening yield curve have for financial stocks?

What factors contribute to the confusion in the financial markets as discussed?

What has been the trend in the defensiveness of the S&P 500 over the past decade?

What is the current outlook for interest rates according to the Fed's plans?