BULLET: US: NY Fed paper on "How to Escape a Liquidity.......
MARKET NEWS INTERNATIONAL 9:13 AM ET 5/10/2016
US: NY Fed paper on "How to Escape a Liquidity Trap with Interest Rate Rules" says "In response to deepening deflationary expectations, the central bank must, first, sufficiently extend the initial period of zero interest rates and, afterward, follow a Taylor rule that does not obey the Taylor principle."
The chart looks good for price appreciation under normal conditions.
When Mom was still with us, we worked on setting her up with an income account. The most important lesson I learned while doing that, was to buy these type of plays during offerings or severe market drops. They typically have share offerings with the price being the 5 day average on a certain date. Big money would take it down for us to get the discounted prices. The yields were magnificent, and the share price appreciation worked out well.