From 24/7 Wall Street:
One nice result from the volatility in the markets over the past seven weeks is to lower prices on the stocks that investors who need consistent and safe income may be looking to buy. The driving down of interest rates may have kept the economy from totally blowing up, but it has been a burden on older investors looking to generate solid income. Ten years ago, certificates of deposit were yielding 5% and more, now investors are thrilled to get 1.25%, and the thought of buying Treasury bonds yielding 2.60% for 30-year debt is hardly appealing.