BAML's David Hauner said that 2020 will be a very difficult year for investors. The last recession came after two years of yield curve inversion.
Southern Company stock has had a robust run in 2019. Including dividends, it has returned more than 35% YTD, almost double the broad market index S&P 500.
When the 10-year Treasury yield dips to 1.6%, where do investors park their funds? You can look at stocks with a high dividend yield as an alternative.