HCMLF - LafargeHolcim: Keynesian Tailwinds Coming Up
We are in an environment ripe for LafargeHolcim's (HCMLF) taking. Interest rates are very low and the continuous pressure on the global economy from COVID-19 and its expected second wave means that governments will have to look beyond monetary policy to keep economies healthy. That will inevitably mean some degree of infrastructure works and other projects coming underway to boost employment. These infrastructure efforts are already seeing bipartisan support in important geographies, and underscore what will be a strong catalyst for a reasonably valued business like Lafarge. With both a dividend of 4.5%