Sign up to save your podcasts
Or
Share The DC Today - Thursday, January 26, 2023
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
The DC Today - Thursday, January 26, 2023
Dow: +204.45 (+0.61%)
S&P: +1.10%
Nasdaq: +1.76%
10-Year Treasury Yield: 3.497% (+3 basis points)
Top-performing sector: Energy (+3.32%)
Bottom-performing sector: Consumer Staples (-0.28%)
WTI Crude Oil: $81.04/barrel (+0.89%)
Key Economic Point of the Day:
Weekly jobless claims again reflected the strength of the labor markets with initial claims coming in at 186,000 versus a median forecast of 205,000
A reminder, all of this coming on the heels of daily reports of layoffs from some of the top employers in the country
The 2022 4th quarter GDP number came in at 2.9%, slightly above the median forecast of 2.8%, and buoyed by continued solid consumer spending
Durable goods orders came in at 5.6% compared to a 2.4% forecast, but a quick look behind the curtain shows that much of this was lifted by a 116% spike in aircraft orders
ex-transportation new orders actually declined
U.S. new home sales edged out the forecasted number, reporting 616,000 on a median forecast of 615,000, and marking a three-month trend of rising new home sales
Note, the year-over-year figure here is still down nearly 27%, completely driven by higher borrowing.
Links mentioned in this episode:
TheDCToday.com
DividendCafe.com
TheBahnsenGroup.com
View all episodes
By The Bahnsen Group
4.9
564564 ratings
Dow: +204.45 (+0.61%)
S&P: +1.10%
Nasdaq: +1.76%
10-Year Treasury Yield: 3.497% (+3 basis points)
Top-performing sector: Energy (+3.32%)
Bottom-performing sector: Consumer Staples (-0.28%)
WTI Crude Oil: $81.04/barrel (+0.89%)
Key Economic Point of the Day:
Weekly jobless claims again reflected the strength of the labor markets with initial claims coming in at 186,000 versus a median forecast of 205,000
A reminder, all of this coming on the heels of daily reports of layoffs from some of the top employers in the country
The 2022 4th quarter GDP number came in at 2.9%, slightly above the median forecast of 2.8%, and buoyed by continued solid consumer spending
Durable goods orders came in at 5.6% compared to a 2.4% forecast, but a quick look behind the curtain shows that much of this was lifted by a 116% spike in aircraft orders
ex-transportation new orders actually declined
U.S. new home sales edged out the forecasted number, reporting 616,000 on a median forecast of 615,000, and marking a three-month trend of rising new home sales
Note, the year-over-year figure here is still down nearly 27%, completely driven by higher borrowing.
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