Welcome to the Dividend Cafe, weekly market commentary focused on dividends in your portfolio

and dividends in your understanding of economic life.

Well, hello and welcome to the Monday Dividend Cafe where we are ready to go around the horn, per usual,

here on this shortened Thanksgiving week, a little housekeeping

quickly. We will not have a daily recap tomorrow or Wednesday due to the holiday week, but on

Wednesday we will come out with the normal dividend cafe, but instead of it being Friday,

because of the holiday weekend, we're going to put it out Wednesday, which we've done

most years on Thanksgiving week. And the Dividing Cafe will be a sort of Thanksgiving edition,

not a big market or economic commentary. So that'll come out Wednesday. And then we'll be back to a

normal week next week as we go into the month of December. In terms of today,

what I want to quickly do is just recap today in the market and then go into a few of the

policy and economic and Fed and all those things that we normally do. The market opened up

130 points today in the Dow and stayed steadily higher throughout the day.

There were a couple of dips here and there, but it closed up over 200 points, almost half a

percentage point in the Dow, one and a half percentage points in the S&P, and over two and a half

percentage points in the NASDAQ, as you had a pretty good comeback rally from what had been a pretty

difficult week last week. I think that there are a few things about today worth sharing. A,

that the bond market actually continued its rally despite a risk on move in equities is interesting,

if not surprising. The 10-year bond yield was down

about three basis points, closed today, had just barely above 4%. And, of course, the 10-year yield

had come lower last week as well. The odds of a Fed cut in December have moved up substantially. I'm going to get to

that in a moment. And so hang tight and we'll get to some Fed talk. As far as other things about

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