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The Dividend Cafe

Running & Eating

The Dividend Cafe

The Dividend Cafe - The Bahnsen Group

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

4.9572 Ratings

🗓️ 17 July 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

In this week's Dividend Cafe we focus on the trade-off of volatility and expected returns

  • A market summary of the week that just was
  • Where the next stimulus bill may be heading
  • Why QE is not acting like debt monetization (yet)

... and so much more

Links mentioned in this episode: 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 and dividends in your understanding of economic life.

0:10.0

Hello and welcome to this week's Dividend Cafe podcast and those of you watching on video as well.

0:20.0

My name is David Bonson.

0:22.2

I'm the chief investment officer at the Bonson Group.

0:25.3

And very grateful to once again be presenting you our weekly Dividing Cafe Market Commentary.

0:32.8

I am recording before the market is opened on Friday.

0:38.1

And it has been an interesting week in the markets.

0:41.4

It's three weeks in a row now.

0:43.6

Coming into today here on Friday, the market is up about 700 points on the week.

0:49.4

The futures are pointing up about 100 points, but who knows what the market will do today, Friday.

0:56.8

But this would be three consecutive weeks in a row of the market being up, and that's, you know, that happens all the time.

1:02.5

We almost got five days in a row of the market up.

1:05.5

That doesn't happen very much, but the market was not up yesterday, Thursday.

1:12.6

But the thing that is certainly noteworthy about the market this week and the last two weeks

1:21.1

before that is that you have a three-week run, a positive returns in the Dow while you're having the three-week

1:29.7

surge or outbreak or case growth, you know, whatever nouns and adjectives you like to capture

1:37.3

what's going on at varying degrees of, you know, reaction. And It's heightened in Florida and Texas.

1:46.9

It had been heightened in Arizona.

1:50.3

It started to back down there a little.

1:53.8

We use our COVID-in markets daily writing and podcasts to try to provide more holistic perspective around all of that.

2:05.0

I won't dive into it all now, but I do think the market's response is indicative and you

2:12.7

can say symbolic, but I also think substantive to where we stand with that. We are not out of the woods in the

...

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