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
564564 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
Renewing Your Mind
5,212 Listeners
The Briefing with Albert Mohler
8,699 Listeners
Ask Pastor John
3,962 Listeners
White Horse Inn
2,199 Listeners
5 Minutes in Church History with Stephen Nichols
1,710 Listeners
Mortification of Spin
844 Listeners
Breakpoint
3,107 Listeners
The World and Everything In It
7,179 Listeners
Plodcast
996 Listeners
Compelled - Christian Stories & Testimonies
1,064 Listeners
Simply Put
1,435 Listeners
Life and Books and Everything
642 Listeners
Capital Record
453 Listeners
Morning Wire
26,684 Listeners
Things Unseen with Sinclair B. Ferguson
1,566 Listeners