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S&P 500   2,663.68 (+7.03%)
DOW   22,679.99 (+7.73%)
QQQ   196.48 (+7.15%)
AAPL   262.47 (+8.72%)
FB   165.55 (+7.37%)
MSFT   165.33 (+7.48%)
GOOGL   1,183.19 (+8.28%)
AMZN   1,997.59 (+4.77%)
CGC   14.34 (+8.23%)
NVDA   268.40 (+10.04%)
BABA   196.45 (+4.99%)
MU   46.37 (+12.49%)
GE   7.23 (+7.43%)
TSLA   516.24 (+7.55%)
AMD   47.52 (+11.58%)
T   29.44 (+7.21%)
ACB   0.80 (-1.24%)
F   4.53 (+6.84%)
NFLX   379.96 (+5.03%)
BAC   21.39 (+6.79%)
GILD   77.73 (-0.61%)
DIS   99.58 (+6.07%)
PRI   87.09 (+7.93%)
S&P 500   2,663.68 (+7.03%)
DOW   22,679.99 (+7.73%)
QQQ   196.48 (+7.15%)
AAPL   262.47 (+8.72%)
FB   165.55 (+7.37%)
MSFT   165.33 (+7.48%)
GOOGL   1,183.19 (+8.28%)
AMZN   1,997.59 (+4.77%)
CGC   14.34 (+8.23%)
NVDA   268.40 (+10.04%)
BABA   196.45 (+4.99%)
MU   46.37 (+12.49%)
GE   7.23 (+7.43%)
TSLA   516.24 (+7.55%)
AMD   47.52 (+11.58%)
T   29.44 (+7.21%)
ACB   0.80 (-1.24%)
F   4.53 (+6.84%)
NFLX   379.96 (+5.03%)
BAC   21.39 (+6.79%)
GILD   77.73 (-0.61%)
DIS   99.58 (+6.07%)
PRI   87.09 (+7.93%)
S&P 500   2,663.68 (+7.03%)
DOW   22,679.99 (+7.73%)
QQQ   196.48 (+7.15%)
AAPL   262.47 (+8.72%)
FB   165.55 (+7.37%)
MSFT   165.33 (+7.48%)
GOOGL   1,183.19 (+8.28%)
AMZN   1,997.59 (+4.77%)
CGC   14.34 (+8.23%)
NVDA   268.40 (+10.04%)
BABA   196.45 (+4.99%)
MU   46.37 (+12.49%)
GE   7.23 (+7.43%)
TSLA   516.24 (+7.55%)
AMD   47.52 (+11.58%)
T   29.44 (+7.21%)
ACB   0.80 (-1.24%)
F   4.53 (+6.84%)
NFLX   379.96 (+5.03%)
BAC   21.39 (+6.79%)
GILD   77.73 (-0.61%)
DIS   99.58 (+6.07%)
PRI   87.09 (+7.93%)
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Trump signals he's prepared to give farmers more federal aid

Posted on Friday, February 21st, 2020 By Kevin Freking, Associated Press

WASHINGTON (AP) — President Donald Trump signaled Friday that he’s prepared to tap federal coffers again to help farmers suffering from the tariff fights that he initiated.

The Trump administration over the past two years has committed to providing farmers with $27 billion in assistance. Agriculture Secretary Sonny Perdue has said that a third year of financial assistance would not be necessary since China had committed to increasing its agriculture purchases under a trade deal.

But China’s economy is being rocked by the new virus that has infected more than 75,000 people and forced many businesses and factories to temporarily close. Administration officials have floated the possibility in recent weeks that the new coronavirus may delay some of the anticipated purchases by China. Meanwhile, data from the Administrative Office of the U.S. Courts shows an uptick in farm bankruptcies last year, 595, versus 498 the year before.

Typing in all capital letters, Trump tweeted that if “our formally targeted farmers need additional aid until such times as the trade deals with China, Mexico, Canada and others fully kick in, that aid will be provided by the federal government, paid for out of the massive tariff money coming into the USA!"

That's not how tariffs work, though. Tariffs are paid by American companies, which usually pass the cost on to consumers through higher prices.

Rep. Ted Lieu, D-Calif., replied to Trump's tweet, saying “I see that you are, again, embracing socialism. Also, you don't seem to understand math. Your tariffs are paid by US citizens, not China. That's subtraction, not addition."

Trump’s comments come after the Washington Post reported that the Department of Agriculture’s chief economist, Robert Johansson, projected that agricultural exports to China would reach roughly $14 billion in the fiscal year that ends Sept. 30, only a $4 billion increase from one year ago. The Wall Street Journal also reported Perdue’s comments that his department isn’t planning for another round of financial aid unless there is an unexpected disruption in global trade.

The low projection from the Agriculture Department economist contrasted with the administration’s description of the Phase 1 trade deal. Under the deal, China is supposed to buy $40 billion in U.S. agricultural products a year — a wildly ambitious goal considering that it’s never bought more than $26 billion a year and that during the trade war it has redirected some of its farm purchases to other exporting countries.

Trump has raised expectations for farmers going into the election year, telling them at his campaign rallies that they will need to buy bigger tractors to meet the coming demand for their corn, soybeans, beef and pork. Farmers could play a key role in the coming presidential elections in states such as Wisconsin, Minnesota, Iowa and Michigan.

10 Rock-Solid Dividend Paying Stocks to Own

Historically low interest rates have made it difficult over the last decade for income-oriented investors that want to generate safe cash flow for their retirements.

Dividend-paying stocks have become more appealing to income investors because of their competitive yields, the favorite tax treatment that dividends receive and their ability to grow their payouts over time. While fixed interest rates from bond investments will lose purchasing power to inflation over time, the purchasing power of income from dividend growth stocks is more protected because companies tend raise their dividend payments every year.

In this slideshow, we look at ten of the best high-dividend stocks that offer strong yields (above 3.5%), have consistent cashflow and a strong track record of dividend growth. The companies in this slideshow have all raised their dividend every year for the last ten years.

These companies also have low payout ratios (below 75%), meaning that they will have the ability to continue to pay their dividend if their earnings have a temporary dip.

Stock prices will always fluctuate, but the dividends paid by these rock-solid dividend payers should remain secure with moderate earnings growth.

View the "10 Rock-Solid Dividend Paying Stocks to Own".


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