China and the United Stаtеѕ are close to concluding the fіrѕt рhаѕе оf a trаdе расt, the Global Times, a tabloid run by the ruling Communist Party’s official People’s Daily, said оn Monday. Reports, citing еxреrtѕ сlоѕе tо thе Chinese gоvеrnmеnt, said Bеіjіng аlѕо rеmаіnеd соmmіttеd to continuing talks оn thе second or even thіrd рhаѕе of аn аgrееmеnt wіth thе Unіtеd Stаtеѕ. US Prеѕіdеnt Dоnаld Trumр ѕаіd Friday thаt a trade deal wіth Chіnа “іѕ lіkеlу tо bе vеrу close.”
In this review, Durig examines the ways in which holding a diverse portfolio of dividend paying, high quality blue chip stocks can help to provide investors some much needed stability.
- Lifetime Return of 14.06%
- Average Dividend Yield of 3.34%
Quality Investments That Deliver
As trade tensions between the US and China continue to plague financial markets, investors are looking for high quality investments that can still deliver.
Durig has found the solution; blue chip dividend stocks.
In this special review, Durig benchmarks the performance of its three unique blue chip equity portfolios, the Dogs of the Dow, Dogs of the S&P 500, and the Dividend Aristocrats, all of which are designed to capture high quality blue chip dividends of some of the most reputable companies on wall street.
With interest rates continuing to fall and attractive yields becoming increasingly difficult to find, many investors are turning away from conventional fixed income investments such as US Treasuries.
A review and performance recap of Durig’s highly successful Dividend Aristocrats Portfolio that also compares the portfolio to another aristocratic dividend portfolio. The Dividend Aristocrats Portfolio was also designed with income stability in mind, maintaining investment focus on only higher quality blue chip companies known as “Aristocrats.”
October Performance Highlights
- Average Dividend Yield of 3.51%
- Lifetime return of 9.44%
- Excess Return of 3.27% (vs. benchmark)*
- Alpha of 7.95 (vs. benchmark*)
- Beta of 0.18 (vs. benchmark*)
Trade talks between the US and China are scheduled to resume this week, on Thursday and Friday. The outside world is concerned about whether the two sides can end their 15-month trade war. According to Al Jazeera, the US government plans to partially cancel a ban on sales to Huawei, and allow them to continue to purchase parts from the United States.
A total of 16 products imported by China from the United States will be exempted, from the 25% tariffs imposed by Beijing in the open trade war with Washington for almost a year and a half, according to the General Administration of Customs of the Chinese State Council announced on Wednesday.
China officially sued the United States at the World Trade Organization on Tuesday over American import duties. The Chinese Ministry of Commerce on September 2 said Beijing is “strongly dissatisfied” with the punitive tariffs on Chinese imports from the US that came into force a few days ago and resolutely opposed it.
Up to this point the Trump presidency has been marked with controversy, uncertainty, disapproval, and excitement. Of All of the president’s policies none embody these characteristics as well as his tariffing of Chinese imports, and the subsequent trade-war with China. This trade war has caused volatility in the stock market, increased costs to American manufacturers, and has threatened US imports into China. It has also has also helped to protect American industry and to give the US leverage against China to renegotiate trade agreements.
France hosted the G7 summit in Biarritz from August 24th to 26th, 2019. Although China did not participate, and the China-US trade war is not an issue, it is an unavoidable topic. Only seven Western countries (and the European Union representing Europe) are present, but the group discussed pressing issues, such as the global economy, climate change, Libya, Iran, terrorism and immigration issues.
US President Donald Trump says he has issued an “enforceable order” for US companies to leave China, after Beijing announced tariffs on US goods and products. The White House did not say whether the president had the authority to force private US companies to leave China. Trump pledged to respond to Beijing after Chinese authorities unveiled a plan to impose a 10 percent tariff on US goods and products, worth up to $75 billion a year.
According to official British data, the number of Chinese students studying in the UK last year has increased by 30% from the previous year. This fall, the number of Chinese students studying in the UK will reach a new high. Although many universities in the UK have been in the new school year for a while, most students have already received admission notices, and are preparing for admission. That includes Chinese students going to the UK for undergraduate and postgraduate studies.
US President Trump’s Chief Economic Adviser, Larry Kudlow said on August 18th that the Washington and Beijing authorities are actively working to resume trade negotiations to end the US-China trade war that disrupts the global market. Kudlow also said that despite the turmoil in the global financial market, there will be no economic recession, and the trade war against China has not harmed the US economy.
President Trump has given consumers a break with removing a number of key products from China’s list of imports that have been imposed with new tariffs beginning from September this year. Mobile phones, computers, and video game consoles, among others, will not be taxed until December 15, allowing US companies to stock up for Christmas holidays. The announcement, which led to a surge in the stock market, provides more time to try to open negotiations on a way out of a trade war fought by both powers.
The collective wealth of the 500 richest people in the world suffered a gigantic loss in a single day after the escalation in the US-China trade war. According to news sources, the biggest tycoons lost 2.1% of their fortune on Monday, equivalent to the $110 billion, after the biggest stock market fall following China devaluing its currency, the yuan.
On Monday, Treasury Secretary Steve Mnuchin put his mouth where the money was. After China allowed the Yuan to fall to below 7 per U.S. dollar, its lowest rate in eleven years, Mnuchin, at the behest of the Trump administration, labelled China a currency manipulator. The declaration opened yet another front in what is quickly becoming a total trade war between Washington and Beijing. It also shook global markets and stirred China to hit back ten times harder.
Shortly after the Chinese yuan’s exchange rate against the US dollar fell “breaking seven,” US Treasury Secretary Steven Mnuchin issued a statement saying that the US government determined that China is manipulating the RMB exchange rate. This is the first time in 25 years that the United States has listed China as a currency manipulator.
The Japanese government cabinet has decided to exclude Korea from the list of “white countries” that can receive preferential treatment in trade control. As a result, the fierce confrontation between Japan and Korea becomes even more serious. The decree takes effect on August 28th. Korea is subjected to new export restrictions. The Japanese side explained that the decision was due to the lack of an export control system in Korea and security concerns.