Monday - June 29, 2026
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 29 June 2026
⏱️ 18 minutes
🧾️ Download transcript
Summary
Today's Post - https://bahnsen.co/3R54h8Z
David Bahnsen previews a forthcoming mid-year Dividend Cafe recap and notes a CNBC interview on market excesses in AI/tech and investor behavior. Markets rose sharply (Dow +300, S&P +1.1%, Nasdaq +2%) led by communication services; Google’s first day in the Dow coincided with Verizon’s exit, while materials fell. He argues recent breadth versus index performance supports rotation over correction, and questions whether stock and bond markets are truly pricing Fed rate hikes despite high futures-implied odds; the 10-year ended flat at 4.37%. He reviews Iran-US ceasefire uncertainty and Supreme Court activity, including sending the Lisa Cook firing dispute to lower court for due process while upholding an FTC firing. He flags bipartisan interest in taxing/data-center limits, discusses a likely housing bill with limited impact versus state/local barriers, cites rising supply-chain cost indicators, weak new-home sales and falling prices, notes Fed balance-sheet growth, oil at $70.50, and upcoming JOLTS and jobs data (Thursday).
00:00 Welcome and Week Ahead
02:12 Market Recap and Rotation
04:17 Fed Hike Debate
07:04 Geopolitics and Supreme Court
10:03 Data Centers and Housing Bill
12:59 Economy Housing and Fed Sheet
15:14 Energy and Jobs Week
16:05 Wrap Up and Thanks
Links mentioned in this episode: DividendCafe.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 |
| 0:06.5 | and dividends in your understanding of economic life. |
| 0:12.0 | Hello and welcome to the Monday Dividend Cafe. |
| 0:15.3 | I'm your host, David Bonson, coming to you from what is about to be very warm New York City throughout this week. |
| 0:22.7 | I don't know if there's the same kind of heat wave that's going on all over the country, |
| 0:27.5 | but I do think the concrete jungle is getting hot. |
| 0:30.2 | And I do think that it has been a fascinating first half of the year. |
| 0:34.5 | And by the time you get your Friday Dividing Cafe at the end of the week, |
| 0:38.3 | we will be into the second half of 2006 and we're going to devote our Friday Dividend |
| 0:44.1 | Cafe as you go into your Fourth of July weekend with a very thorough recap of the first half of |
| 0:50.2 | the year, but with some perspective on it that I don't think you're going to get anywhere |
| 0:54.3 | else. So we'll review what's gone on. We'll offer our commentary and we'll update various |
| 0:59.5 | projections and perspectives and thoughts on what to expect in the second half of the year. |
| 1:06.2 | As far as today goes, I do want to do our normal around the horn. We have a little bit of information |
| 1:12.0 | in every category we normally cover in Monday Dividy Cafe. I will first say that I was on |
| 1:17.4 | CNBC Squawk Box this morning in the second hour of the show and had a very long interview, |
| 1:23.4 | actually, talking about the excess in markets, concerns in some of the AI and tech names. |
| 1:30.5 | Talked a bit about SpaceX, talked about investor behavior right now. |
| 1:35.1 | And so if you're interested in watching that interview, the clip is at our YouTube page |
| 1:39.7 | and certainly can get the clip right there at divinycafe.com as well. |
| 1:44.3 | And then I will point you to Friday's Dividing Cafe from a couple of days ago |
| 1:48.0 | where I wrote a piece suggesting that markets should be understood more comprehensively |
... |
Transcript will be available on the free plan in 8 days. Upgrade to see the full transcript now.
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.