Episode 997: The Dividend Cafe Wednesday - December 11, 2024

Market Updates and Inflation Insights - December 11th Edition

In this episode of Dividend Cafe, Brian Szytel provides an overview of the market's performance on December 11th, highlighting the overall positive day with specific gains in the S&P and Nasdaq, despite a minor drop in the Dow. The core discussion centers around new CPI data indicating a consistent inflation rate, with headline CPI at 2.7% and core CPI at 3.3%, still above the Fed's 2% target. Szytel explains the impact of shelter costs on these figures and the anticipated future convergence that may align with Fed targets. Additionally, he discusses the upcoming FOMC meeting with a likely 25 basis point rate cut and the speculation about future rate cuts in the coming year. He also offers insights on inflation-protected treasuries, advising they may be a safe investment but without significant upside in the current climate.

00:00 Introduction and Market Overview

00:25 Inflation Insights and CPI Data

01:44 Economic Growth and Spending Trends

02:30 Upcoming FOMC Meeting and Rate Cuts

03:23 Inflation Protected Treasuries Discussion

04:10 Conclusion and Viewer Engagement

Links mentioned in this episode: DividendCafe.com

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