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This Surging 8.2% Dividend Proves The Economy Is Fine [Forbes]
Last coca-cola company (the) earnings: 4/21 05:55 am
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I know. Boring, right? Maybe to most people. But not to us! The narrative put forth by the press and punditry—that inequality is rampant and getting worse—lends itself to much more compelling headlines (which is why we're not hearing much about it). Worries around this inequality—namely that it will cause more political instability and pile risk on to the economy as a whole—are part of what's been weighing on stocks lately. That and concerns about the Iran War, the direction of interest rates, unpredictable trade policy and others (it's a long list!). What's the old Wall Street saying? Stocks climb a wall of worry? That's certainly the case now. That expression is quite relevant in this case, in fact, because it preaches buying when worry runs high. That's the situation now—and in the case of the inequality argument, the warnings we hear seemingly every day are simply off the mark. So we contrarians are (naturally) going to push back on this fear. And we're going to grab an
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