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Trump's ping-pong tariff policies are causing market volatility, with investors disposing of US stocks. Amidst the uncertainty, I am tactically rotating my portfolio, accumulating cash, and deploying to best risk/reward opportunities. I don't take political sides, but I see the kicked-off trade war against the closest US allies as detrimental to US GDP growth.
Global geopolitical tensions reached a new high after the contentious February 28 Oval Office meeting between Ukrainian President Volodymyr Zelenskyy and US President Donald Trump.
Dale Smothers calls the current market sell-off a "10% correction" that is healthy for the markets. He tells investors it's okay to buy into lower price action but not to go all in on names like Nvidia (NVDA), Microsoft (MSFT) and Apple (AAPL).
General Dynamics (GD) concluded the recent trading session at $264.55, signifying a +0.6% move from its prior day's close.
GD hikes its quarterly dividend payout to $1.50 per share. This increase represents the company's 28th consecutive annual dividend hike.
No matter their investing style, it's safe to say that nearly every person who puts money into stocks likes a dividend raise. These investor-pleasing moves are almost always met with approval, and that dynamic was in play Wednesday for veteran aerospace and defense company General Dynamics (GD 4.85%).
President Trump delivered a stemwinder of a speech to a joint session of Congress last night.
The European Union committed to ramp up security spending just hours after President Donald Trump froze military aid to Ukraine.
Gains among South Korean names were led by Hanwha Aerospace, Korea Aerospace Industries, Hyundai Rotem and LIG Nex1. The pickup in South Korean stocks comes amid expectations of higher defense costs in Europe, after regional leaders held security talks that touched on bolstered military spending.
GD secures a modification contract for lead yard support, development studies and design efforts for Virginia-class submarines.