The Dividend Cafe Monday - May 20, 2024

Episode 862: The Dividend Cafe Monday - May 20, 2024

Daily Recap - Monday - May 20, 2024

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Today's Post -

We recap market activity on Monday, May 20th. The Dow started positively but lost momentum, closing down 196 points. The S&P and NASDAQ saw modest gains. China's market performance may be indicating an upward trend. Additionally, there was news about a helicopter crash in Iran, potential Middle Eastern tensions, and upcoming OPEC meetings. There are possible changes in capital reserve requirements for U.S. banks, the employee retention tax credit, increased tariffs on China, and the impact of these policies. We look at homeowners and renters in the U.S. Lastly, insights into recent Fed speeches and their stance on inflation and rate adjustments

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Brian Szytel

Brian Szytel

Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.

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