Barry Bannister from Stifel says the recent stock market rebound, boosted by the AI craze and companies spending ahead of tariffs, won’t last due to high valuations. He expects the S&P 500 could drop 15% from here, but isn’t telling people to get out of the market. Instead, Bannister advises shifting to high-yield dividend stocks for protection. The piece highlights Ellington Financial (EFC), a REIT with an 11.5% forward yield, and Dorian LPG (LPG), a shipping firm with an 8% yield. Both are seen as solid defensive picks by analysts, despite market volatility and a weaker recent quarter for Dorian.