Don't lose sight of quality. Those sectors that have either high yield such as banks, property and utilities, or certain yield such as healthcare and consumer staples, will continue to perform. This strategy, however, is not without risk. Good stock-picking and focusing on earnings growth, returns on capital and valuations will ultimately be a much stronger return driver than punting on a macro theme; and less risky too. IT services and distribution company CSG Group is paying 9c capital returns p.a. on a $1.19 share price = 7.5% yield. But more importantly the company has excellent management, predictable revenue, high incremental returns on capital, a net cash balance sheet and is growing earnings strongly.