Episode 935: The Dividend Cafe Wednesday - September 11, 2024
Brian discusses key inflation data, highlighting that the Consumer Price Index (CPI) numbers are in line with Federal Reserve targets.
Brian discusses key inflation data, highlighting that the Consumer Price Index (CPI) numbers are in line with Federal Reserve targets.
September 11 Market Update and Inflation Insights
In this episode of Dividend Cafe, host Brian Szytel begins with a somber remembrance of the September 11 terrorist attacks, offering thoughts and prayers to those affected. He proceeds with market commentary, noting an initial drop and subsequent recovery, likely influenced by the recent debate between former President Trump and Vice President Kamala Harris. Szytel discusses key inflation data, highlighting that the Consumer Price Index (CPI) numbers are in line with Federal Reserve targets. He also touches on the implications for upcoming interest rate decisions and the balance sheet. Finally, Seitel provides a preview of forthcoming economic data, including initial jobless claims and the Producer Price Index (PPI).
00:00 Introduction and Remembrance of 9/11
00:33 Market Opening and Debate Impact
01:05 Market Performance and Analysis
01:51 Inflation Data and Federal Reserve Expectations
03:34 Upcoming Economic Indicators and 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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