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The Dividend Cafe

The DC Today - Monday, December 11, 2023

The Dividend Cafe

The Dividend Cafe - The Bahnsen Group

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

4.9572 Ratings

🗓️ 11 December 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Today's Post - https://bahnsen.co/41lZfWf

Greetings from 29 degree Grand Rapids, Michigan where I have had a day of meetings and recordings and give two different speeches in two different Michigan cities tomorrow. I will be back in the much warmer climate of New York City on Wednesday. In the meantime, the special Monday DC Today awaits you …

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 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.

0:14.5

Well, hello, welcome to the special Monday edition of the D.C. today. I am recording from Grand Rapids, Michigan, where it is

0:24.3

actually already almost dark outside, and it's only 5 o'clock Eastern, and it's quite cold. But

0:32.3

nevertheless, beautiful city, had some meetings and speaking and recordings and things today.

0:39.1

And then I'm in a couple other Michigan cities tomorrow giving speeches.

0:43.9

And I'll be back in New York City on Wednesday.

0:46.6

So in the meantime, I'm here at the hotel recording.

0:49.5

And tomorrow, Brian Sightel will bring you D.C. today as I'm out and about.

0:55.9

You know, the market rallied again today, and I have a few things I want to talk about with the market.

1:00.7

We'll just kind of cover all the basics.

1:03.5

Futures were up about 40 points last night, and then I kind of quit looking at the market long enough to watch Dallas beat up Philadelphia.

1:12.8

I thought they were going to win by 40 points and, you know, still a really good looking

1:17.8

game for the Cowboys.

1:20.1

Futures didn't hold that 40 point lead.

1:22.7

It kind of went flat.

1:24.4

Market looked about flattish this morning, very early pre-market.

1:29.9

And then it opened up about 75 points.

1:33.7

And it did zig and zag from there.

1:36.5

It kind of went lower, went higher.

1:38.5

But by, you know, an hour or two into the day, it was kind of up.

1:42.4

And then it ended up closing at a high and was up

1:46.2

over 150 points on the day nearly half of a percentage point um an interesting tidbit about last week the

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