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Another Data Point To Ignore: Dividend Cuts Have Surpassed 2008

Another Data Point To Ignore: Dividend Cuts Have Surpassed 2008

Being "paid to wait" in high-yielding stocks last year was a death by 394 cuts. As Bloomberg reports, the number of dividend reductions far surpassed 2008, almost 100 more than at the outset of the Great Recession - a time when the implosion of Lehman caused equity markets to plummet in the later stages of the third quarter.

Just ignore it - it's transitory!!

 

As Bloomberg reports,

After 1,428 Years, Here's What Brought Down The World's Oldest Business

Submitted by Simon Black via SovereignMan.com,

In 578 AD, a Korean immigrant named Shigemitsu Kongo made his way to Japan at the invitation of the royal family.

Buddhism was on the rise in Japan at the time; though it had only been introduced a few decades prior, the Empress consort had been actively encouraging the adoption of Buddhism across Japan.

But since the Japanese had no experience building Buddhist temples, they looked overseas for help.

That’s where Kongo came in.

Fed Lacks Legal Authority, Computer Systems, Physical Cash To Implement NIRP According To The Fed

Over the weekend, we presented a comprehensive step by step analysis laying out both the mechanics (and implications) of the Fed unleashing NIRP in the US when the time comes: a time which as JPM further defined, would be characterized by "recession-like conditions." In other words, right about now if Yellen so chose.

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