Do we have to do this every week?
Futures are ugly, overseas markets are ugly.
Some Brit is on the tube talking about the wisdom in tough times of cutting your dividend, which is absolutely contrary to conventional wisdom. Sustainable and growing dividends have long been a sign of a company's stability, especially to superficial investors. I can certainly see that in tough times when earnings are troughy and the real cost of capital is high, many companies could find a better use for cash than giving it back to shareholders a little at a time.
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