The Dividend Cafe

The DC Today - Wednesday, November 30, 2022


Listen Later

A monstrous rally ensued today when Jerome Powell verified Fed plans to slow down on rate hikes. Do I think this makes sense? Well, I will tell you what I think about all of it in today’s podcast and video!

MARKET ACTION

Dow: +737 points (+2.18%)

S&P: +3.09%
Nasdaq: +4.41%
The S&P 500 ended the month of November up +5.37% and the Dow ended up +5.7%. Combined with October Q2 has been monstrous, so far anyways.
10-Year Treasury Yield: 3.61% (-14 basis points)
Top-performing sector: Technology (+5.03%)
Bottom-performing sector: Energy (+0.56%) – one of those days where the WORST sector was up this much
WTI Crude Oil: $80.45/barrel (+2.88%)
Key Economic Point of the Day:

Q3 GDP growth was revised upward to +2.9% annualized (from +2.6% before)

Job Openings fell in October to 10.3 million, down 353,000 from the month prior and 760,000 less than a year ago

Links mentioned in this episode:

TheDCToday.com
DividendCafe.com
TheBahnsenGroup.com

...more
View all episodesView all episodes
Download on the App Store

The Dividend CafeBy The Bahnsen Group

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

564 ratings


More shows like The Dividend Cafe

View all
Renewing Your Mind by Ligonier Ministries

Renewing Your Mind

5,212 Listeners

The Briefing with Albert Mohler by R. Albert Mohler, Jr.

The Briefing with Albert Mohler

8,699 Listeners

Ask Pastor John by Desiring God

Ask Pastor John

3,962 Listeners

White Horse Inn by Michael Horton, Justin Holcomb, Bob Hiller, Walter R. Strickland II

White Horse Inn

2,199 Listeners

5 Minutes in Church History with Stephen Nichols by Ligonier Ministries

5 Minutes in Church History with Stephen Nichols

1,710 Listeners

Mortification of Spin by Alliance of Confessing Evangelicals

Mortification of Spin

844 Listeners

Breakpoint by Colson Center

Breakpoint

3,107 Listeners

The World and Everything In It by WORLD Radio

The World and Everything In It

7,179 Listeners

Plodcast by Canon Press

Plodcast

996 Listeners

Compelled - Christian Stories & Testimonies by Paul Hastings

Compelled - Christian Stories & Testimonies

1,064 Listeners

Simply Put by Ligonier Ministries

Simply Put

1,435 Listeners

Life and Books and Everything by Clearly Reformed

Life and Books and Everything

642 Listeners

Capital Record by National Review

Capital Record

453 Listeners

Morning Wire by The Daily Wire

Morning Wire

26,684 Listeners

Things Unseen with Sinclair B. Ferguson by Ligonier Ministries

Things Unseen with Sinclair B. Ferguson

1,566 Listeners