Sign up to save your podcasts
Or
Share The DC Today - Wednesday, October 12, 2022
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
The DC Today - Wednesday, October 12, 2022
The market zigged and zagged all day and was down -100 and up +200 before closing down a tad in the final minutes of trading. Lots to say about the Bank of England in today’s podcast …
MARKET ACTION
Dow: -28 points (-0.10%)
S&P: -0.33%
Nasdaq: 0.09%
10-Year Treasury Yield: 3.89% (- 4 basis points)
Top-performing sector: Energy (+0.75%)
Bottom-performing sector: Utilities (-3.42%) – the collapse in this sector in the last month is absolutely unprecedented
WTI Crude Oil: $87.09/barrel (-2.53%)
Key Economic Point of the Day:
Core PPI (ex-food and energy) came in exactly in line at +0.3%. August’s PPI was revised downwards. September’s PPI headline read (w/ food and energy) was +0.4%. The year-over-year headline PPI is +8.5% vs. +8.7% last month. Processed goods prices fell for the third month in a row. Prices for transportation and storage fell -0.2%. Goods down, services up.
Links mentioned in this episode:
TheDCToday.com
TheBahnsenGroup.com
View all episodes
By The Bahnsen Group
4.9
564564 ratings
The market zigged and zagged all day and was down -100 and up +200 before closing down a tad in the final minutes of trading. Lots to say about the Bank of England in today’s podcast …
MARKET ACTION
Dow: -28 points (-0.10%)
S&P: -0.33%
Nasdaq: 0.09%
10-Year Treasury Yield: 3.89% (- 4 basis points)
Top-performing sector: Energy (+0.75%)
Bottom-performing sector: Utilities (-3.42%) – the collapse in this sector in the last month is absolutely unprecedented
WTI Crude Oil: $87.09/barrel (-2.53%)
Key Economic Point of the Day:
Core PPI (ex-food and energy) came in exactly in line at +0.3%. August’s PPI was revised downwards. September’s PPI headline read (w/ food and energy) was +0.4%. The year-over-year headline PPI is +8.5% vs. +8.7% last month. Processed goods prices fell for the third month in a row. Prices for transportation and storage fell -0.2%. Goods down, services up.
Links mentioned in this episode:
TheDCToday.com
TheBahnsenGroup.com
More shows like The Dividend Cafe
View all
Renewing Your Mind
5,190 Listeners
The Briefing with Albert Mohler
8,641 Listeners
Ask Pastor John
3,939 Listeners
White Horse Inn
2,190 Listeners
5 Minutes in Church History with Stephen Nichols
1,683 Listeners
Mortification of Spin
839 Listeners
Breakpoint
3,094 Listeners
The World and Everything In It
7,118 Listeners
Plodcast
996 Listeners
Compelled - Christian Stories & Testimonies
1,066 Listeners
Simply Put
1,441 Listeners
Life and Books and Everything
642 Listeners
Capital Record
450 Listeners
Morning Wire
26,615 Listeners
Things Unseen with Sinclair B. Ferguson
1,560 Listeners