The Dividend Cafe

The Dividend Cafe Tuesday - June 4, 2024


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Daily Market Recap and Economic Insights - Dividend Cafe

In today's daily recap on Dividend Cafe, David Bahnsen discusses the market performance with the Dow closing up 140 points, modest gains in the S&P and NASDAQ, and a continued bond market rally reflected in the 10-year yield drop to 4.33%. Real estate and consumer staples sectors led the day with about 1% gains, while materials and energy sectors saw declines. Oil prices decreased by $1.30 a barrel. The episode also touches on the JOLTS data indicating a drop in job openings and speculates that the labor market data will give the Fed a potential reason to loosen policy by the year's end. David also encourages viewers to check out ongoing questions on DividendCafe.com and concludes with a positive outlook for most asset classes in May.

00:00 Introduction to Dividend Cafe

00:12 Daily Market Recap
00:41 Bond Market Rally
01:19 Sector Performance Overview
01:39 Oil Prices and Economic Data
01:54 Labor Market Insights
02:45 Fed's Potential Moves
02:59 Closing Thoughts and Resources
03:54 Legal and Investment Disclaimers

Links mentioned in this episode:

DividendCafe.com
TheBahnsenGroup.com

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The Dividend CafeBy The Bahnsen Group

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