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Feb 12
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$43.49
$43.60
+0.3%
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LONG
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—
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The guest states, "We're on this international trade very heavily... IDB [sic], the iShares International Select Dividend Fund." (Note: Ticker for this fund is IDV). This fund targets "old economy" international companies paying dividends. It is the specific vehicle the guest's firm is using to play the rotation where investors stop sending "80% of their money to the S&P" and look for value abroad. LONG IDV as a direct play on international value and yield. Dividend cuts in foreign markets; global recession affecting "old economy" sectors. |
CNBC
How to play the "sell U.S." trade
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