Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life.

Hello and welcome to the Monday edition of the Dividing Cafe. I am your host, David Bonson, managing partner here at the Bonson Group, sitting in our Newport Beach

studio with a day of goodies to present for you, a round the horn, and the normal topics we

like to cover on a Monday. A lot on the Fed today, a lot on housing, a lot on the economy, the normal

market stuff. You know, it's funny. For a market podcast,

the thing that I think is most irrelevant each and every Monday is the daily recap of market

action. We do it as a bit of a courtesy. Of course, we provide the daily recap Tuesday, Wednesday,

and Thursday as well, which is largely an excuse to present also the

Ask TBG to give you answers to different questions that come in. But what the market went up or down

on a given day is perhaps the most irrelevant statistical data point I can ever provide.

Now, to the extent some people want to know, and we'd rather

they get it from us than someone else, I mean, we have no problem presenting the number. But I just

thought every now and then it might be helpful to refresh you as to what we actually think is important.

And one of those things is not how many points up or down the Dow went in a given day.

A lot of the other things we're going to talk about are important.

So we'll get to that.

For those who missed the Dividy Cafe on Friday,

I do heartily recommend you go to Dividycafe.com,

where we will have a very special Friday edition about the markets,

the market economy, the system of free enterprise in the United States

that we think serves as a secret sauce to American investor's success for so long,

and a sort of a philosophical refresher as to the nature of a free market economy and why it is so

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