Is the US a shelter for dividend-focused investors post-Brexit?

JPMAM's chief global strategist, David Kelly, and fund manager Christian Preussner explain why US equities could provide a fruitful home for UK income investors seeking refuge in a post-Brexit market.

As we saw last week, the UK's vote to leave the European Union triggered a rush to safe-haven assets. In the first full week of trading following the Brexit vote, US stockmarkets followed their European counterparts lower, with major indices falling 1.2% at the start of the week, and yields on benchmark US 10-year treasuries down by 7.3 basis points to 1.49%, their lowest level since August 2012. From a US investing perspective, this means stable business models, high-quality balance sheets, dividend yield support, and solid capital are likely to continue outperforming on a relative b...