In the latest episode of Dividend Cafe, Brian Szytel discusses the positive performance in the stock markets, with the Dow, NASDAQ, and S&P all up by over 1%.
Market Updates & Economic Insights — July 10, 2023
In the latest episode of Dividend Cafe, Brian Szytel discusses the positive performance in the stock markets, with the Dow, NASDAQ, and S&P all up by over 1%. The episode covers the seventh consecutive session of gains for the S&P and NASDAQ, and touches on bond market updates including a positive 10-year auction. Key economic events include Jerome Powell's testimony on inflation, wholesale inventories data, and upcoming CPI figures. The episode also delves into Japan's unique monetary policy approach and its economic implications. Looking ahead, the focus will be on initial jobless claims and the new CPI data release.
00:00 Market Update: July 10th
00:32 Positive Trends in Stocks and Bonds
00:45 Federal Reserve Insights and Economic Indicators
01:42 Anticipation for CPI Data
02:04 Japan's Unique Monetary Experiment
03:56 Looking Ahead: Jobless Claims and CPI
04:01 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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