Debt and You
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 5 November 2021
⏱️ 17 minutes
🧾️ Download transcript
Summary
Most of the attention in the markets this week was on the Fed’s announcements Wednesday – (a) That interest rates aren’t being changed any time soon, and (b) the quantitative easing program launched 20 months ago will start to be slowly eased back later this month with a goal of no additional bond purchases in roughly nine months).
But very little attention is ever paid to why these policies exist, and what their impact is to the various things we investors care about.
In the Dividend Cafe today, we will look at the state of monetary policy, the fiscal policy that has necessitated it (yes, those two things are married right now), and what investment lessons we can extract.
Earnings season is preparing to wrap and it was a solid one. Congress is continuing to bat around legislative things that have not gone the way most people anticipated (or even close). There was huge election news this week that speak to the current political landscape. And yet through it all, the major investment story of the week may be the one least discussed.
Come on in to the Dividend Cafe.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Dividend Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life. |
| 0:12.4 | Well, hello, and welcome to another week of the Dividend Cafe. I am excited to being to the end of the week. |
| 0:20.0 | I don't even really know what week. |
| 0:22.1 | I guess it's still first week in November. |
| 0:23.8 | It's been a whirlwind. |
| 0:25.8 | And we have plenty to go here in November. |
| 0:29.0 | There's a busy week in markets. |
| 0:30.3 | And I've written a lot about that each day in D.C. today, the week's activity with the Fed and with earning season with the election, |
| 0:39.0 | with whatever the House is about to do. |
| 0:41.7 | I don't, I guess I'll interject and talk about the stuff I said I wasn't going to talk |
| 0:46.0 | about. |
| 0:46.9 | I don't think what the House is going to do or not do in the next couple of days really matters |
| 0:51.0 | much at all because everyone is clearly aware that it then has to go to |
| 0:56.3 | the Senate and whatever the House does is not what's going to come out of the Senate, whether |
| 1:01.8 | anything comes out of the Senate or something different. It's going to be different. And so, |
| 1:07.5 | you know, from the policy standpoint to Fed to earnings, this was one of those weeks. |
| 1:13.1 | You had a little bit of everything. |
| 1:15.3 | And I chose to focus this week on the subject of debt. |
| 1:24.4 | And yet it isn't really about the debt. |
| 1:27.9 | I talk about the debt a lot, and yet this week I want to kind of make a point as to why our focus on the Fed is so connected to debt |
| 1:37.2 | and why our focus on health in the corporate economy is so connected to the Fed. |
| 1:43.0 | And so that there is sort of a little rhyme and reason to how |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Dividend Cafe - The Bahnsen Group, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Dividend Cafe - The Bahnsen Group and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.