Daily Covid and Markets - Monday July 20
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 20 July 2020
⏱️ 19 minutes
🔗️ Recording | Apple Podcasts | RSS
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Summary
The market was flat today in the Dow, but both the Nasdaq and the S&P were up (the Nasdaq meaningfully so after last week’s travails).
Today’s missive really, truly does go all around the horn – lots and lots of up to date health info, and some useful info with the stimulus bill, housing, the Fed, and more.
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
Transcript
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| 0:00.0 | Welcome to the Dividing Cafe, weekly market commentary focused on dividends in your portfolio |
| 0:06.5 | and dividends in your understanding of economic life. |
| 0:14.2 | Hello and welcome to today's COVID and markets missive. |
| 0:18.4 | We hope you had a wonderful weekend. |
| 0:20.3 | Today's missive, as always, |
| 0:21.8 | is brought to you by the Dividing Cafe of the Bonson Group. For those who are listening to |
| 0:27.5 | COVID and markets each day and have never really understood what in the world dividend cafe |
| 0:32.2 | is, or for that matter, who the Bonson Group is, it's never occurred to me that there may be people who are not |
| 0:38.8 | Bonson Group clients and familiar with us, you know, Dividy Cafe readers that have stumbled |
| 0:46.1 | upon COVID markets and are hearing these other terms and don't know what the world I'm talking |
| 0:49.8 | about. So Dividy Cafe is my weekly investment commentary by mine. I mean, I, David Bonson, |
| 0:58.2 | chief investment officer, private wealth management firm, the Bonson Group. COVID in markets has |
| 1:02.4 | become a daily missive we've done in response to the ad hoc realities in the market for |
| 1:10.0 | investors around the coronavirus,-19 health pandemic. |
| 1:15.4 | And so hopefully if this is your first time hearing all this, you now have a better understanding |
| 1:20.6 | of who all the characters and moving parts are and so forth. And for those of you that, of course, |
| 1:25.8 | know all this, I apologize for wasting |
| 1:28.8 | this minute of your life. Real quickly, the situation today, as far as markets, first of all, |
| 1:38.3 | is kind of odd. We've got a few odd days lately. Dow was up a tad, kind of flattish, but technically a little bit up. But then the S&P was up |
| 1:46.8 | rather nicely, and the Dow up quite big, particularly after last week's travails, the NASDAQ really |
| 1:52.5 | struggled last week. So he had flat Dow, up S&P, really up NASDAQ, just strange divergence |
| 2:00.1 | amongst the market indices. But in what I'm going to go through here |
... |
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