One day after James B. Bullard, of the US "Fed" says "the rate" will be trending toward 4% by the end of the year:
Also, on the horizon:
- soaring inflation;
- supply chain shortages:
- Chinese lock downs;
- stagflation;
- recession;
- and, of course, it's just a matter of time before they release the krakken
There's a really, really good explanation for what we're seeing in the market in early morning trading today.
But I'm not going there. I don't need the pushback.
Look at this:
- lowers guidance;
- says Covid vaccine sales will plummet;
- and then this:
- What happened? Increased its dividend by 6%, now $1.13, up from $1.06, quarterly.
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The Book Page
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