This year, of course, utilities are having a unique set of problems because of the California energy mess. But those not affected by deregulation should still do well. I've printed the latest list of high yielding CDs and averages in the country. You can now get about 6 percent on money funds, but that will fall in the 5 percent and 4 percent range as rates keep falling. If you have a CD that is maturing soon, and renew it for 3 or 6 months, you will get an even lower yield when it matures.
Cyclical stocks fall because the economy is weakening.
These stocks are already down, but will probably fall further.