Key topics include the impact of earnings reports from major companies, the movement in 10-year bond yields, and job openings data.
Market Update and Earnings Insights: October 29 Edition
In this episode of Dividend Cafe, Brian Szytel presents an overview of the market conditions on October 29, 2023, reporting mixed results with the Dow down 154 points, the S&P slightly positive, and the NASDAQ up by 0.7%. Key topics include the impact of earnings reports from major companies, the movement in 10-year bond yields, and job openings data. Brian also addresses a viewer question on the merits of index ETFs versus actively managed funds in the municipal bond space, emphasizing the importance of active management. The episode concludes with a preview of upcoming economic data releases.
00:00 Introduction and Market Overview
00:47 Bond Yields and Job Market Insights
01:43 Upcoming Economic Events and Market Impact
02:06 Investment Strategies: Active vs. Passive Management
03:30 Conclusion and Upcoming Reports
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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