Even though it is Memorial Day Weekend and the US markets are closed, markets around the world are open for business. There’s some news on CNN, where Bufett is quoted as saying that the US is in a recession.
"I believe that we are already in a recession," Buffet was quoted as saying. "Perhaps not in the sense as defined by economists. ... But people are already feeling the effects of a recession."
"It will be deeper and longer than what many think," he added.
My belief is that Buffet, who knows that markets listen to his every word, is trying to create a self-fulfilling prophecy. His gain would be buying some good quality companies stock at a bargain.
There are rumors floating around that InBev will be buying Anheuser- Busch (BUD) at $65/share. The stock is currently trading at about 36.35 euro/share in Germany, which at 1.5771 US Dollars per Euro equals to about $57.33, or about a 2% increase over last Fridays close.
It’s very intriguing that BUD is the second dividend aristocrat that might be taken over this year, after WWY agreed to be bought by a consortium of Mars Inc and Warren Buffet. Both companies are every value investors dream come true- strong, easily recognizable brand, stable business model as well as long history of paying increasing dividends. The issue with dividend aristocrats is that there are many great value companies within this list. Thus, they could potentially attract competitors, which will buy them at a record price, which will actually turn out to be a bargain in the long term. The dividend investor would have to look for new opportunities for his or her money as a result of the abovementioned happenings.
And last but not least,this Memorial Day I wanted to thank everyone who has fought, or is fighting for the right of american people to live in a free democratic country.
Popular Posts
-
The consumer staples sector has been hated by investors over the past year or two. There are several headwinds that appear to have depressed...
-
I just learned that David Fish, who was the creator of the Dividend Champions, Contenders and Challengers list , passed away last month at t...
-
The other day, I shared with you a list of four attractively valued consumer staples for further review. The companies had attractive valua...
-
I review the list of dividend increases weekly , in order to monitor existing holdings and review companies on my list for accumulation at t...
-
The dividend kings list includes the most elite dividend growth companies in the US. A dividend king is a company that has managed to incr...
-
In order to succeed in dividend investing, you need to have a long-term focus , follow your strategy by making investments at regular inter...
-
As part of my monitoring process, I review the list of dividend increases every week. I usually focus on the dividend increases for compani...
-
Over the past week, there were two companies that raised dividends to shareholders. For my review, I included only those companies which hav...
-
I am frequently asked by readers about resources I use. While I have discussed before the resources I use to monitor my holdings, and I hav...
-
For your reading enjoyment, I have highlighted several articles that the readers found of particular interest this month. I have included th...
