Episode 1420: Thursday - September 24, 2026

On Thursday, Sept. 24, Brian Szytel recaps a down Dow day with the S&P and Nasdaq flat as markets rebounded late on optimism about U.S.-Iran talks potentially easing the Strait of Hormuz situation; WTI still rose about 3% to roughly $95. He highlights the bigger story as higher interest rates, with the 10-year yield up another 10 bps to about 5.21% and up 120 bps year-to-date, arguing media may be overstating it and noting long rates also reflect growth expectations, strong earnings, and economic activity, while higher rates also boost interest income to savers and the economy. Economic data included better-than-expected initial jobless claims (197k) and stronger new home sales (684k). He also addresses international dividend stocks, noting foreign withholding taxes can be offset via foreign tax credits, but prefers U.S. dividend growers due to steadier dividend policies and less sector concentration than Europe/Asia.

00:00 Market Close Recap

00:38 Oil Surge And Rate Shock

01:31 Why Long Rates Rise

03:01 Higher Rates Upsides

04:10 Economic Data Check

04:54 International Dividend Stocks

05:50 US Versus Overseas Dividends

07:43 Wrap Up And Sign Off

Links mentioned in this episode: DividendCafe.com

TheBahnsenGroup.com