Monday - June 15, 2026
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 15 June 2026
⏱️ 17 minutes
🧾️ Download transcript
Summary
Today's Post - https://bahnsen.co/4eITc6m
David Bahnsen covers a broad “around the horn” Monday Dividend Cafe, highlighting extreme SpaceX IPO trading volume as evidence of IPO mania rather than price discovery. Markets rallied on weekend news of a forthcoming U.S.-Iran agreement and a planned signing, with the Dow up 469 points, the S&P up 1.65%, and the Nasdaq up over 3%; technology led while energy fell, small caps continued to outperform, and the 10-year yield held near 4.47%. He notes key unknowns in the Iran deal (Hormuz terms, enforcement, uranium, funds). Economic and policy updates include May industrial production up 0.1%, falling homebuilder sentiment (35), and housing affordability bill uncertainty. He previews the FOMC meeting and Kevin Warsh’s first press conference, cites the ECB’s first hike in over three years, discusses lower oil and gasoline prices, answers a question on dividend growth returns, and closes celebrating the Knicks’ first title in 53 years.
00:00 Welcome and Agenda
01:02 SpaceX IPO Mania
03:11 Markets Rally and Rotation
05:27 Iran Deal Unknowns
07:28 Economic and Policy Updates
09:13 Housing Sentiment Check
10:01 Central Banks and Fed Week
11:05 Oil and Gas Price Moves
11:50 Dividend Growth Q&A
13:37 Knicks Championship Moment
15:31 Closing Thanks
Links mentioned in this episode: DividendCafe.com
Transcript
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| 0:00.0 | Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio |
| 0:06.6 | and dividends in your understanding of economic life. |
| 0:11.8 | Hello and welcome to the Monday edition of Dividing Cafe. I'm your host, David Bonson. I have |
| 0:19.1 | so many things talk you about today. What a remarkable day it has been, |
| 0:24.2 | and you don't even know what I mean by that. Perhaps you think I'm talking about the Iran deal |
| 0:30.2 | that we have not yet seen the written agreement for. Perhaps you think I'm referring to the SpaceX IPO, |
| 0:37.1 | which took place on Friday and represents a |
| 0:39.8 | truly historical moment in so many ways. Perhaps you think I'm talking about all the market action. |
| 0:47.6 | Markets rallied today. They had been selling off in some sectors and rallying in others for the |
| 0:53.0 | kind of two weeks prior. |
| 0:55.2 | And perhaps you think correctly that I'm referring to the historical New York Knicks |
| 1:02.3 | championship win. We're actually going to talk about all these things. We have some economic |
| 1:06.5 | updates. We have the Fed. We have oil. Lots in markets. So we'll get right into it. I'm going to take |
| 1:12.6 | you around the horn today in the dividend cafe. If you missed Friday's dividend cafe, it was a very |
| 1:18.0 | important one dealing with IPO mania. Speaking of the SpaceX event, which I very much consider to be |
| 1:24.7 | a historical moment in a lot of different ways. |
| 1:28.3 | I wrote a Dividing Cafe on Friday when I refer to the mania of what's going on with |
| 1:33.6 | SpaceX investor mentality, investor thoughts, expectations. |
| 1:38.3 | Let me share one data point with you before we get into the broader market activity. |
| 1:43.2 | There were 555 million shares of SpaceX sold at the IPO. |
| 1:49.5 | I believe they priced that what people paid for those shares was at $135, |
| 1:54.6 | and then it moved up a bit on Friday, moved up a bit more today, |
... |
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