Hurry! Buy Treasuries!
A ten-year is yielding a ripe 2%. Hurry and get it before the yield goes down to 1%!
Don't buy stocks! Especially not stocks with solid earnings and dividends well in excess of 2%.
Walmart? No one shops there any more! That dividend cut is almost guaranteed.
HP? They are making $5 per share these days, but that won't last. Their earnings will soon drop to less than 40 cents, in which case the earnings yield will be less than a Treasury.
Exxon Mobile? I predict oil will go to $10 per barrel and Exxon will cut its dividend and file for bankruptcy to boot.
AT&T? Are you kidding me? No one has any use for wireless phone service any more. They won't be generating any more cash. Stick with a nice safe 2% from Uncle Sam.
Why by these stocks when you can buy Treasuries yielding 2%?