The DC Today - Monday, March 13, 2023
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 13 March 2023
⏱️ 13 minutes
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Summary
Today's Blogpost - https://bahnsen.co/3mQzT2N
There is really only one story in financial markets right now, and that is the collapse of the Silicon Valley Bank and various ramifications from that. We sent a special Dividend Cafe on all of that and more this morning!!! If all you do is read one thing, read that.
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. |
| 0:14.8 | Well, hello and welcome to the DC today. It is Monday afternoon, and it has been such a bizarre few days and even kind of a bizarre |
| 0:24.5 | Monday in terms of our normally scheduled programming. I'd like to just real quickly tell you |
| 0:29.6 | what's going on. I, this morning between 3 a.m. and about, I think 6.30 a.m. completed a.m. completed a special dividend cafe all on what's |
| 0:41.2 | going on with Silicon Valley Bank with the FDIC, with the Fed, and just the kind of sudden boost of |
| 0:48.5 | distress and issue into the banking system. And it was a nonstop action over the weekend. |
| 0:59.0 | So we did a whole Dividend Cafe that hopefully you received. |
| 1:02.0 | It wasn't a podcast, there wasn't a video. |
| 1:04.0 | I'm going to do that right now where I'll talk about some of the things that were said. |
| 1:07.0 | But if you go to Dividendant Cafe.com, you'd be able to find some of those |
| 1:11.2 | takeaways, that particular article. I think it had a lot to say. Then in the meantime, |
| 1:18.2 | of course, I had been doing a normal DC Today over the weekend and that has now been published. |
| 1:23.8 | Our kind of standard, the DC Today.com, has some info on the markets and housing |
| 1:31.2 | and the Fed and policy. And it really would have been a pretty robust and interesting one. |
| 1:36.7 | You had an employment number on Friday. You have this deal with Iran and Saudi Arabia, |
| 1:43.0 | different updates on the housing sector. That's all there. |
| 1:47.4 | But I don't think that's what you want me talking about right now. For those of you that don't |
| 1:51.5 | read the things that come out, that you're kind of captive to only a podcaster video. |
| 1:56.4 | I want to make sure I address the issues going on on the banking front, which is certainly one of the larger financial news stories we've had in quite some time. |
| 2:05.8 | So all that to say, at Dividingcafe.com, you have this article devoted entirely to this subject. |
| 2:12.7 | At the DC Today.com, you have the normal market update. |
| 2:16.8 | And then now I'll make a few comments and leave it there. |
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