Dick Young, Paris, France
I am adding to positions that I have added to for nearly five decades.
I am focusing on three themes:
- Inflation
- Energy
- Rising dividends.
The way things stand today, my intention is to proceed deliberately/methodically through the months of April and May.
I will also give blue-chip corporate fixed income equal attention.
I expect:
- Dividend cuts (holidays) to become the worst kept secret.
- The Mexican border to require enough attention to cause serious political fallout.
Once again Trump was an early visionary who is being proven correct.
The PLs fought him tooth and nail, and look like dunces for their missteps.
Perhaps that’s a reason the name Trump sits atop mighty buildings.
Bring on the embalming fluid as poor ol’ Joe takes on an increasingly “Weekend at Bernie’s” appearance.
Originally posted on April 3, 2020.
