Episode 922: The Dividend Cafe Tuesday - August 20, 2024

Market Insights Amidst a Quiet Day: Economic Data and Upcoming Events

In today's episode of Dividend Cafe, host Brian Szytel reviews the quiet market day, noting the slight downturn after an 8-day positive streak for both the S&P 500 and NASDAQ. He discusses the 10-year yield drop and increased volatility indicated by the VIX. Seitel also highlights upcoming key economic events, including jobless claims and the FOMC minutes, as well as Federal Reserve Chair Jerome Powell's anticipated speech at Jackson Hole. The episode provides a general overview of the current economy, touching on unemployment, GDP estimates, corporate earnings growth, and a positive 35-page economic report from Apollo, while advising on the importance of economic data in market movements and portfolio design.

00:00 Introduction and Market Overview

00:57 Economic Indicators and Employment

01:19 Corporate Earnings and Economic Activity

02:14 Market Valuation and Investment Strategy

03:08 Upcoming Economic Events

03:19 Conclusion and Final Thoughts

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com