Today's Post - https://bahnsen.co/4eITc6m

David Bahnsen covers a broad “around the horn” Monday Dividend Cafe, highlighting extreme SpaceX IPO trading volume as evidence of IPO mania rather than price discovery. Markets rallied on weekend news of a forthcoming U.S.-Iran agreement and a planned signing, with the Dow up 469 points, the S&P up 1.65%, and the Nasdaq up over 3%; technology led while energy fell, small caps continued to outperform, and the 10-year yield held near 4.47%. He notes key unknowns in the Iran deal (Hormuz terms, enforcement, uranium, funds). Economic and policy updates include May industrial production up 0.1%, falling homebuilder sentiment (35), and housing affordability bill uncertainty. He previews the FOMC meeting and Kevin Warsh’s first press conference, cites the ECB’s first hike in over three years, discusses lower oil and gasoline prices, answers a question on dividend growth returns, and closes celebrating the Knicks’ first title in 53 years.

00:00 Welcome and Agenda

01:02 SpaceX IPO Mania

03:11 Markets Rally and Rotation

05:27 Iran Deal Unknowns

07:28 Economic and Policy Updates

09:13 Housing Sentiment Check

10:01 Central Banks and Fed Week

11:05 Oil and Gas Price Moves

11:50 Dividend Growth Q&A

13:37 Knicks Championship Moment

15:31 Closing Thanks

Links mentioned in this episode:

TheBahnsenGroup.com