SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : US Inflation and What To Do About It
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (780)3/22/2018 10:53:43 PM
From: Rarebird  Read Replies (1) of 1504
 
You and I both know what political uncertainty can do to a stock. We were both long MO in 1997 when Clinton and Congress went after Big MO with a vengeance. The stock had very strong earnings, a 7% dividend and was trading with a PE of 9, but kept falling in spite of being a massive Cash cow. And now Trump is creating the same political uncertainty with his tariffs and trade talk against China. One of the lessons I learned from the MO experience was don't underestimate what investors and traders will do in the face of political uncertainty. It was easy to hold on to MO back then because I had a 7% dividend which was secure. Last I looked there wasn't a dividend anywhere near that level except in some REITs and a few other stocks. Also, Trump is feeling the heat from the Mueller investigation. Lots of political uncertainty there. Markets can rally strongly if/when the China situation is resolved. Bull may resume in that situation if earnings growth is strong enough.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News