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The Dividend Cafe

One of These Years is Not Like the Other

The Dividend Cafe

The Dividend Cafe - The Bahnsen Group

Business, Dividend Growth Investing, Macro Economics, Wealth Management, Estate Planning, Monetary Policy, Retirement Planning, Investing

4.9572 Ratings

🗓️ 12 April 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Today's Post - https://bahnsen.co/3JfyXwQ

I cannot tell you how much fun it is for me to spend three hours on a Friday morning reading research. Reading when it is dark outside is the single activity that brings me the most joy, and I love the inspiration it fostered for today's Dividend Cafe

Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com

Transcript

Click on a timestamp to play from that location

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.

0:12.2

Well, hello and welcome to the first ever Dividendon Cafe being recorded from Bend, Oregon.

0:18.7

I am up in our office here in Bend, Oregon. We opened a Pacific Northwest location

0:24.6

two years ago. I've spent the last three days here with Jolene. We've had a wonderful time with many

0:31.9

clients doing dinner events, two different nights, and really enjoyed our time with John and Jill and Drew

0:39.2

and Nick, the two advisors and financial planning professional and operations professional

0:45.7

that make up the team here at our Pacific Northwest location. Bend is a beautiful city,

0:51.4

and I very much enjoyed the time in the clean mountain air and we'll be

0:57.0

heading out here shortly but not before bringing you the dividend cafe. I began reading a handful of

1:05.8

different research papers I was sort of behind on very early this morning and became quickly inspired with a couple

1:12.8

of different topics I wanted to go around the horn with today. The lay of the land in markets

1:18.6

is fascinating, but it allowed me to kind of tee up a theme, which is that the markets were at

1:26.1

39,800 in the Dow, which was an all-time high on the last day of March

1:31.4

at the closing of March, all-time high, 39-800. And I'm sitting and recording in the middle

1:39.1

of the market day on Friday. We're down a few hundred points. But since that closing high, in what is almost

1:46.8

10 trading days, nine and a half trading days, the market has gone down about 1,600 points.

1:54.0

Well, the interesting thing is that from March 15th to March 30th, or I think it was March 29th was the final day of the month,

2:03.6

markets were up, maybe something over at 1,000 points.

2:09.5

So two weeks, the markets moved up that quickly.

2:12.4

Two weeks the markets moved down that quickly,

2:15.3

and you end up just kind of in a round trip more or less back to where

...

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