The next FOMC meeting is on Oct. 28; according to CME Group's FedWatch tool, the Fed probably won't hike that day, but as of Oct. 17 the odds of a hike at the December meeting were 89%. The article argues that a prolonged rate-hike cycle may not occur, while longer-term bond yields have risen in recent months. It presents AbbVie (ABBV) as a dividend stock to consider, citing 18.8% annualized returns over 10 years, a history of raising its dividend for more than 50 years, $6.92 in dividends paid in 2026 ($1.73 per quarter), and a 2.42% forward yield. It also says AbbVie's $70.8 billion of debt is only 14% of its $504 billion market cap and mostly fixed-rate, and that pharmaceuticals are less sensitive to rates and unconnected to the AI trade.
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Kevin WarshFedinterest ratesdividendsABBV
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 101.98 |
| Change that session | +0.20% |
EUR/USD
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 1.12125 |
| Change that session | -0.24% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
USD/JPY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 158.532 |
| Change that session | +0.34% |
BTC/USDT
▼ Likely negativeBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/19/2026 | 81,938.40 |
| Change that session | -0.22% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/19/2026 | 718.36 |
| Change that session | +1.21% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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