History Has Spoken
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 7 October 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
I wouldn’t say that I like this, but I would say that I understand it. But last week’s Dividend Cafe was, in just a few days, the most widely read Dividend Cafe I have ever written. I hope that is because clients and readers flocked to the philosophical takeaways of a deeper reflection on bear markets like the one we are in now. But I know that the ratings of financial TV networks skyrocket higher in bad times and that it has a lot more to do with the reality of human nature than anything else. Fear gets clicks and views.
I don’t do fearmongering. My Dividend Cafe last week was actually the opposite of fearmongering. I sought to present the highly rational case for a real glory in the aftermath of bear markets for investors who behave well. Nevertheless, I can understand that the general interest in the topic is largely related to the fear and emotion that goes with the uncertainty of the moment.
This week I am keeping the topic alive, partially because the current bear market did not end in the last five days but also because there is more to be said about the history of all this and the future. And I believe you will find both illuminating in the uncertainty of the moment.
So let’s jump into the Dividend Cafe.
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
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. |
| 0:12.3 | Hello and welcome to another edition of the Dividend Cafe. I am your host, David Bonson, and we are now one week into the month of October in the fourth and final quarter of 2022. |
| 0:28.0 | And I'm recording in the middle of the day Friday. |
| 0:30.3 | So I can't tell you how the week will end. |
| 0:31.6 | We're selling off quite a bit here on Friday, but we were up massively on Monday and Tuesday. |
| 0:36.4 | So I most certainly think we're going to end up |
| 0:38.9 | the week positive, but having cut into what that big gain was earlier. But as I'm about to explain, |
| 0:46.0 | it is all irrelevant. It is all moot because big days up and big days down and Ziggin and Zagan |
| 0:52.6 | are going to be part of our story here for a little while. |
| 0:56.8 | I had wanted to kind of move on to a different topic. There's a whole lot of things I want to be |
| 1:01.0 | saying about the Fed right now. And I also have a plan for a dividend cafe devoted to the subject |
| 1:07.1 | of the so-called wage inflation spiral dynamic. |
| 1:12.8 | But as fun and enticing and exciting as those topics sound and will be, |
| 1:19.2 | I wanted to talk a bit more about the reality of bare markets. |
| 1:23.3 | And last week's Divided titled the glory of bear markets. |
| 1:30.0 | And in just several days, it became the most trafficked, seen, read, dividend cafe I've ever |
| 1:38.5 | written. |
| 1:39.5 | And I'm glad in the sense that I think there was a message in that dividend cafe that I want |
| 1:43.8 | people to have read. |
| 1:45.6 | But I also know and recognize that a lot of that may be not because there was such an insatiable appetite for my words of wisdom, but rather that these are tortuptuous times. |
| 1:58.2 | And just like the financial TV stations see their ratings go way up during bad markets. |
| 2:04.9 | I think there's just a broader interest in some of these things. |
... |
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.