Dividend stocks offer some much-needed stability for your portfolio
In early June of this year, J.P. Morgan strategist Marko
Kolanovic made a startling statement. Since March, President Donald Trump’s
tough stance on fair trade practices have evaporated more than $1 trillion in
market value. Such a drastic impact exponentially raises interest in safe
dividend stocks to buy.
Of course, since Kolanovic’s analysis went public, the
markets have reasserted themselves. Since the start of the year, the Dow Jones
index is up 7%. However, that still doesn’t take away from investor uneasiness
with the White House’s economic policies.
Grabbing the spotlight, of course, is our ongoing trade war
with China. Neither side shows any indication that the conflict will resolve
anytime soon. Love him or hate him, we can all agree that Trump doesn’t have a
conciliatory personality. And China can’t afford to look weak, not when their
people are openly expressing dissent.
If only that were the sole problem we faced! Along with
other geopolitical hotspots, our domestic standing has turned into shambles.
Honestly, I cannot keep track of all the accusations and indictments flying
around.
Trump recently claimed that if he were ever impeached, the
markets will fall off the rails. I can’t say one way or another. What I do know
for sure is that the markets prefer reasonable predictability. Right now, we’re
experiencing anything but that. To better protect your portfolio, consider
these 15 safe dividend stocks to buy:
No comments:
Post a Comment