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 this week's edition of Dividendon Cafe. I am actually recording in my apartment here in New York City.

I just arrived after a middle of the night

flight here into New York and getting ready to head out for a whole lot of things that have to be done

over the next several days. And I will say that this was a very interesting dividend cafe to write.

Covered a lot of ground.

I meant to go through a lot of different topics today,

but I'm going to focus primarily on one that I think ended up getting a lot of the

attention in dividend cafe,

but is also likely the one that is on so many people's minds.

And it has to do with the top heavy nature of the market right now,

the valuations in the market,

some sort of odd and different things that are happening within the weightings of the market, the risk exposures that

exist, just how the market is made up these days, and then applying all that to one particular

company, which is the company known as Nvidia.

And so I'm going to spend a little time on that, but then we'll cover here if we have time on

this recording, a few of the other topics that the written Dividendant Cafe went through.

Let me share with you a couple of just data points that I think may be of interest right now.

I've talked a lot about, okay, the trailing 12, meaning the last 12 months, earnings,

when you look at the price of the market now, the market's at 25 times, those earnings.

When you look to what forward projections are, it's trading in between 21 and 22 times.

And I think that it's a very important point to make. That's expensive.

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