Market Update: June 25, 2023 - Wall Street's Flat Day & Economic Insights

In this episode of Dividend Cafe, Brian Szytel reports from the Grand Rapids office in Michigan on a relatively flat day in the financial markets. The DOW fell slightly by 106 points, S&P remained unchanged, and Nasdaq increased by 0.3%. Changes in oil prices and a ceasefire between Israel and Iran were also highlighted. Key economic updates include the potential for future tax legislation, upcoming tariff deadlines, and the Fed's possible rate cuts. Seitel also discusses how to position different assets in traditional IRAs versus Roth IRAs and delves into the recent decrease in new home sales. Upcoming economic calendar events include wholesale inventory numbers, durable goods orders, Q1 GDP revision, and pending home sales data.

00:00 Introduction and Market Overview

01:10 Market Movements and Economic Indicators

02:46 Investment Strategies for Different Accounts

04:27 Housing Market Insights

05:28 Upcoming Economic Events and Conclusion

Links mentioned in this episode:

TheBahnsenGroup.com