Market Recap and Economic Insights: November 14th Edition

In this episode of Dividend Cafe, Brian Szytel provides a market recap for Thursday, November 14th. Stocks had a generally negative day with the Dow down 207 points and the S&P and Nasdaq down around six-tenths of a percent. The bond market remained flat. Comments from Jay Powell suggesting a cautious approach to cutting rates contributed to some late-day selling pressure. Economic updates included inflation figures with the PPI showing a 2.4% year-over-year increase and initial jobless claims at 217,000. The episode also discusses the impact of shelter costs on CPI and touches on property tax assessment issues relevant to California residents. Tune in for more insights and stay informed about the economic landscape.

00:00 Introduction and Market Recap

00:30 Federal Reserve and Interest Rates

01:02 Economic Indicators and Inflation

01:43 Job Market and Economic Growth

02:05 Shelter Costs and CPI Calculation

03:32 California Property Tax Assessment

04:11 Conclusion and Upcoming Content

Links mentioned in this episode:

TheBahnsenGroup.com