Thursday, December 6, 2012

Money On The Move -- Rushing To Beat The ObamaCliff

I'm sure I'm missing as many as I'm catching, but this is almost becoming "comical" for lack of a better word.

Companies can't act fast enough to accelerate their cash dividends to beat the increase in taxes that will come next year.

The gap between the "haves" and the "have-nots" accelerates. My hunch is that after we get through the chaos and recession next year, these same companies will pay their usual dividends on the usual dates, thus rewarding shareholders for all the aggravation they will have gone through.

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