Sign up to save your podcasts
Or
Share The DC Today - Thursday, December 15, 2022
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
The DC Today - Thursday, December 15, 2022
So the Dow gave back Monday’s gain today and a tad more, but with today’s -764 point day in the Dow, the market finds itself a couple of hundred points off where it was just last Friday. And the bond market rally continued again today as yields fell again. All of this is carefully dissected in today’s podcast and video …
Dow: down -764 points (-2.25%)
S&P: down -2.49%
Nasdaq: down -3.23%
10-Year Treasury Yield: 3.45% (-5 basis points)
Top-performing sector: Energy (-0.53%)
Bottom-performing sector: Technology (-3.78%) and Communication Services (-3.84%)
WTI Crude Oil: $76.20/barrel (-1.38%)
Key Economic Points of the Day:
Retail Sales fell -0.6% in November, and even ex-autos were down -0.2%. Much of this was related to the strong number of October, off of which this drop is based. Nominal GDP expectations for Q4 will come down if consumer activity is less than expected.
Industrial Production fell -0.2% vs. expectations of a +0.1% increase.
Initial jobless claims were down 20k to 211k. Continuing claims are at their highest level since February (at 1.67 million).
Links mentioned in this episode:
TheDCToday.com
DividendCafe.com
TheBahnsenGroup.com
View all episodes
By The Bahnsen Group
4.9
562562 ratings
So the Dow gave back Monday’s gain today and a tad more, but with today’s -764 point day in the Dow, the market finds itself a couple of hundred points off where it was just last Friday. And the bond market rally continued again today as yields fell again. All of this is carefully dissected in today’s podcast and video …
Dow: down -764 points (-2.25%)
S&P: down -2.49%
Nasdaq: down -3.23%
10-Year Treasury Yield: 3.45% (-5 basis points)
Top-performing sector: Energy (-0.53%)
Bottom-performing sector: Technology (-3.78%) and Communication Services (-3.84%)
WTI Crude Oil: $76.20/barrel (-1.38%)
Key Economic Points of the Day:
Retail Sales fell -0.6% in November, and even ex-autos were down -0.2%. Much of this was related to the strong number of October, off of which this drop is based. Nominal GDP expectations for Q4 will come down if consumer activity is less than expected.
Industrial Production fell -0.2% vs. expectations of a +0.1% increase.
Initial jobless claims were down 20k to 211k. Continuing claims are at their highest level since February (at 1.67 million).
Links mentioned in this episode:
TheDCToday.com
DividendCafe.com
TheBahnsenGroup.com
More shows like The Dividend Cafe
View all
The Briefing with Albert Mohler
8,618 Listeners
White Horse Inn
2,197 Listeners
5 Minutes in Church History with Stephen Nichols
1,712 Listeners
Hillsdale Dialogues
2,117 Listeners
Mortification of Spin
839 Listeners
Breakpoint
3,083 Listeners
The Commentary Magazine Podcast
5,168 Listeners
The Editors
4,883 Listeners
The World and Everything In It
7,129 Listeners
The McCarthy Report
2,836 Listeners
Blog & Mablog
1,395 Listeners
Life and Books and Everything
643 Listeners
Capital Record
452 Listeners
Morning Wire
26,680 Listeners
Things Unseen with Sinclair B. Ferguson
1,571 Listeners