In early April, the Associated Press reported Boeing signed a $ 3 billion plane deal with an Iranian airline for 30 planes. The planes are the 737 Max and the company is Aseman Airlines which is owned by Iran’s civil service pension fund. The deal is interesting because a few months ago, President Trump was in a Boeing facility talking about how he is bringing back American manufacturing jobs. After Iran signed a nuclear agreement with world powers, Boeing sold 80 planes to Iran Air for $16.6 billion.

The issue for the President is often he has said, the nuclear arms treaty needs to be redone because it was a bad deal for the United States. If the President goes down that road, the sales to Iran could be stopped and manufacturing jobs in the US – Boeing employs 18,000 some jobs would be lost.

Linking to dividend paying stocks, many companies do business around the world, sometimes the domestic politics helps, sometimes it does not. The planes in Iran would help grow the market in Iran for Iran has 80 million people and people need to travel. Iran also has oil revenues to pay for their planes, which makes them a good customer. What is more important when you are investing? which domestic market?

There are more questions than answers, till the next time – to raising questions.