President Donald Trump and Chinese President Xi Jinping have agreed to disagree. For now. Is this a big deal, little deal or no deal for our dividends?
The outcome wasn’t much of a surprise. Stocks have done their part by politely rallying. My real concern is the lack of dividend deals left on the big board.
The S&P 500 is up almost 18% year-to-date. Sure, stocks were due for a bounce heading into the year (as we discussed in late December.) But still, a relentless rally wipes out a lot of bargains.
Remember the sale on industrial cash cow Ingersoll Rand (IR)?… Read more