Episode 970: The Dividend Cafe Thursday - October 31, 2024
Key economic updates include a flat interest rate, PCE inflation numbers aligning with the Fed's targets, and lower-than-expected jobless claims.
Key economic updates include a flat interest rate, PCE inflation numbers aligning with the Fed's targets, and lower-than-expected jobless claims.
Market Recap and Investment Strategies - October 31st Edition
In this Halloween edition of Dividend Cafe, Brian Szytel discusses the down day in the markets, highlighting a 2.76% drop in the NASDAQ and a 378 point drop in the Dow. Key economic updates include a flat interest rate, PCE inflation numbers aligning with the Fed's targets, and lower than expected jobless claims. Brian also elaborates on the investment methodology, focusing on a blend of quantitative screens and in-depth fundamental analysis. Additionally, he emphasizes the undervalued utility sector, which is poised for growth due to increased electricity demands from data centers. He concludes with a personal note on Halloween festivities.
00:00 Market Recap: Halloween Edition 00:45 Economic Indicators and Inflation Insights 01:18 Employment and Wage Trends 02:12 Investment Methodology Explained 03:55 Utilities: The Underappreciated Sector 05:06 Closing Thoughts and Halloween Wishes
Links mentioned in this episode: DividendCafe.com
Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.
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