Welcome to the DC Today, your daily market synopsis of the Dividing Cafe, brought to you every Monday through Thursday to bring you up-to-date information and perspective on financial markets.

Well, hello and welcome to the Monday edition of the DC today. I hope you all had a wonderful weekend.

And I hope those of you filing tax returns not in the state of California get everything done today. Of course, I refer

to the fact that in California today is not tax day because we had some rainstorms earlier

in the spring. So the IRS said the Californians don't have to file or pay their

taxes till October in most counties. So there you go. But nevertheless, that traditional April 15th-ish

day is coming and going today. And not only is that an exciting day for most people to be on the other side of their tax filing,

but it's an exciting moment for us with our own tax services department here at TBG.

Pretty proud of what we've done here this year.

Let's talk about what's happened in the market today,

and then I'm going to use most of my time today to make a kind of broader

point that addressed a question that was presented to me in the Ask David section of the

DC Today.com, where I kind of correlated it to the against doomsdayism section of the DC today. But before we go into that, just the

basic market and economic data for the day, the Dow was up 100 points. The futures had been

up about 50 all night. It was only up about 20 early in the morning. Opened up about 40. So, you know,

we were up, but not a lot. And then it did go negative a

little later in the morning. So you kind of bounced around a bit, but all within a tight range,

anywhere from down 50 to up 50, up 100, you know, something like that. It went kind of negative.

And then the last two hours of the day went higher from whatever that negative low point

of the day was to close

it up 100 points. And you ended up with the Dow, the S&P, and the NASDAQ, all up something

in the range of 0.3%. So pretty similar outcome by the end of the day. I think each index

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