The DC Today - Monday, April 8, 2024
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 8 April 2024
⏱️ 18 minutes
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Summary
Today's Post - https://bahnsen.co/4aMHEug
Economic Front
The primary news of the weekend was the 303k new jobs created in March, up by 89k over expectations. A full 232k of that came from the private sector. The two prior months were revised upwards by 22k. The household survey was up huge, as well. The unemployment rate fell to 3.8%.
Construction was solid (39k new j obs), and leisure and hospitality led the way, with private education and health care strong as well. The annual gain in wages is +4.1%, and the average hours worked went up to 34.4 (had been 34.3).
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com
Transcript
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| 0:00.0 | 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. |
| 0:14.0 | Well, hello and welcome to this Monday edition of the DC Today, whereby I'm going to go around the horn talking to you about the |
| 0:22.4 | Fed, the market, the economy, public policy, and all the things. |
| 0:26.9 | I'm doing this purposely before I get started because I want to give those of you listening |
| 0:33.7 | or watching heads up on some plans we have. And I want to solicit your feedback. |
| 0:40.1 | We feel really good about some adjustments we're making have gone through a lot of deliberation |
| 0:46.4 | and contemplation, but as a means of kind of adding to and improving, optimizing the way in which |
| 0:54.1 | we serve our clients with thought leadership |
| 0:57.8 | and content and the mediums in which we deliver this, we have become convinced that we want |
| 1:04.5 | to consolidate what we're doing under the Dividend Cafe. |
| 1:08.3 | That having the D.C. today and Dividend dividend cafe has created more confusion, we think |
| 1:13.8 | it would be easier for us to provide a daily market recap at the dividend cafe. And to that |
| 1:19.6 | end, we're kind of redoing the dividend cafe page where we are going to be adding some new things. |
| 1:25.9 | Not only will we have a daily market recap, |
| 1:29.3 | we're going to add to that a Friday edition. |
| 1:32.2 | So we'll have the daily, and as you know, |
| 1:34.8 | when I say market recap, |
| 1:35.9 | it doesn't just mean what the Dow did, |
| 1:37.6 | but oil and bond yields and economic data. |
| 1:40.5 | So we'll include those kind of daily numerical summaries of things, and we'll do it each day |
| 1:47.3 | on the homepage at Dividendincafe.com. And we're going to continue to do what I've been doing |
| 1:53.9 | every Friday since 2008, my weekly commentary. And then every Monday, I'll still be doing, much like what I'm doing today, the sort of summary |
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