Income hunting: If life was tough before, it is even tougher now

How not confuse cyclical issues with structural ones

For income-hungry investors, the menu of low-risk options already looked fairly sparse at the start of 2020.

Fast forward six months and the challenge is even greater. Rate cuts and asset purchases from the central banks have performed the essential role of keeping government borrowing costs low, but for those seeking income, the negative side effect is that low-risk options are increasingly scarce.  Investors have been turning to higher risk asset classes including equities for income over recent years, yet dividend cuts have become a hot topic as companies look to shore up balance sheets against the shock from Covid-19.  Elite Radar: Guinness Emerging Markets Equity Income While we ackn...