Forget the trade war. There’s a bigger danger that too many investors (and especially vulnerable retirees) are ignoring today.
That’s the threat of a snap dividend cut—and the massive damage it can do to your income and your nest egg.
More on that—and 4 imminent dividend cuts you need to dodge now—shortly.
Why I’m Sounding the Alarm
First, there are two reasons why folks are sleepwalking along, wrongly thinking all of their dividends are safe:
The economy is strong, churning along at a 3.1% rate—lulling most folks to think that only the worst companies would be forced to slash payouts. The Fed’s kabuki theater: After being set on raising rates last year, Fed Chair Jerome Powell is signalling a rate cut. Investors agree: the Fed