Episode 1339: Tuesday - June 2, 2026

Brian Szytel shares a late-day market update with the Dow up about 250 points, the S&P slightly higher, the Nasdaq flat, and the 10-year yield unchanged at 4.45%. He highlights a stronger-than-expected JOLTS report showing roughly 731,000 more job openings than consensus, lifting openings to about 7.6 million, the highest in two years, with gains notably in consulting and professional services—countering fears that AI is collapsing hiring. He argues AI may shift entry-level skill requirements but supports productivity and investment over time. Addressing a question about younger investors relying on Bitcoin for retirement, he cites Ned Davis Research (1973–2025) showing dividend growers compounding ~10.2% versus ~7.7% for S&P equal weight, ~4.2% for non-payers, and negative returns for dividend cutters, recommending dividend-growth principles and warning Bitcoin’s volatility and lack of cash flows make it ill-suited for funding liabilities.

00:00 Market Snapshot Today

00:41 Jobs Openings Surprise

01:19 AI and Hiring Reality

02:47 Bitcoin vs Dividend Growth

03:17 50 Years of Dividend Data

04:23 Building Evergreen Investing Habits

04:48 Why Bitcoin Fails Liabilities

05:34 Conclusion

Links mentioned in this episode: DividendCafe.com

TheBahnsenGroup.com