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

and dividends in your understanding of economic life.

Well, hello and welcome to another episode of the Dividend Cafe.

I am your host, the Chief Investment officer, managing partner at the Bonson

group, David Bonson. I get to record this Dividendon Cafe every week because it is my absolute joy

to talk week by week about different things relevant to the markets, the economy,

what's happening in the world around us, and to do my very level best to do so around

permanent principles that I think are continually applicable for investors.

What I generally don't like to do a dividend cafe is say, hey, guess what happened

this Wednesday or with this big event on Monday, we're going to analyze it here on Friday. It happens

sometimes. There are certain events that are notorious and infamous and warrant ad hoc treatment, but for the most part,

our goal with Dividing Cafe has always been to allow some sense of evergreen, consistent, first

principles-based investing commentary and market commentary to permeate what we're doing,

both with this podcast video and then the written Dividendon Cafe that has been my pride and joy

since September of 2008. This is a very odd week because last week I was actually sitting here in the same spot.

I am on the couch in the den at my apartment here in New York City where I recorded last Friday.

And I'm recording again here this Friday.

We will be officially in our new office on 6th Avenue. We've been moving from our spot

at the Gray Bar Building next to Grand Central. We've been at 44th and Lex, for those of you who know

New York City, since 2020. And we're now moving to 6th and 54th, much closer to Central Park

for what will be our long-term home here in the city,

a much bigger and just beautiful space we're very, very excited about.

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