CG - Cumulative Dividend Cuts At The Midpoint Of Q2 2019

We're just past the midpoint of the second quarter of 2019, where the pace of dividend cuts that have been announced to date in our near real-time sampling of these declarations is well ahead of the same point of time a year earlier in the second quarter of 2018. The following chart illustrates the cumulative number of dividend cuts by day of quarter for both 2018-Q2 and 2019-Q2, where we find that the cumulative number in 2019-Q2 is running near the threshold that would indicate recessionary conditions are present within the U.S. economy:

Here's the

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