Market Updates and Economic Insights from Dividend Cafe - July 23rd
In this episode of Dividend Cafe, host Brian Szytel checks in from the newly opened West Palm Beach, Florida office, starting with a thank you to Jolene and Mina for their hard work. Brian reviews the day's flat market activities with minor declines in the Dow, S&P, NASDAQ, and 10-year treasury yields. He discusses important upcoming economic events such as PCE data and a Fed meeting, and highlights notable earnings season trends, particularly the strong performance in the financial sector. Additionally, Brian comments on political factors, real estate market conditions, including a low in existing home sales, and mixed manufacturing data from the Richmond Fed. He concludes with a preview of upcoming economic reports and invites viewers to reach out with questions. Tune in tomorrow for more insights from Florida.
00:00 Welcome to the New Office
00:33 Market Overview: A Flat Day
01:01 Earnings Season Insights
01:28 Financial Sector Performance
02:30 Economic Indicators and Real Estate
03:21 Upcoming Economic Data
03:33 Closing Remarks
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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