On the economic front, durable goods orders and housing starts showed underwhelming results.
Market Recap: Equities, Bonds, and Economic Indicators
In this episode, David, managing partner at the Bahnsen Group, provides a recap of the latest market activities. Broadcasting from Dallas, Texas, he shares insights on slight movements in the Dow, S&P, and NASDAQ indices, with real estate being the top performing sector. He also discusses minor changes in bond yields and notes that oil prices have remained steady. On the economic front, durable goods orders and housing starts showed underwhelming results. Upcoming is the PCE inflation report, which is significant as it is closely watched by the Fed.
00:00 Introduction and Market Overview 00:29 Equity and Bond Market Performance 01:07 Oil Prices and Economic News 01:45 Housing Market Update 02:19 Upcoming Inflation Report
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
David is the Founder, Managing Partner, and the Chief Investment Officer of The Bahnsen Group.
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