Market Rally Fueled by Lower Inflation Numbers - August 13
In this episode of Dividend Cafe, Brian Szytel reports from New York City on a positive day in the markets on Tuesday, August 13th. The Dow rose by 408 points, the S&P surpassed 5,400, and the Nasdaq increased by 2.25%. Bond yields also fell, with the 10-year closing at 3.85%. Lower than expected producer price index numbers and positive small business optimism contributed to the market rally. Brian anticipates the CPI numbers to be released tomorrow and encourages listeners to stay tuned for further analysis.
00:00 Introduction and Market Overview
00:54 Inflation and Economic Indicators
01:42 Small Business Optimism
02:10 Conclusion and Upcoming Events
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.
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