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.

Hello and welcome to the DC today, our very special Monday extended version.

And boy, is this one ever extended because a few things have happened in the world.

Our team took off for Nashville, Tennessee.

We had an absolutely splendid couple of days of meetings and so forth out there.

And in the meantime, we had a national election.

We had a big CPI report. We had the biggest market day up in over two years.

And then we go into a weekend. And so there's a lot to cover. And the DC today written has a lot

of charts and is long. It covers a lot lot of ground and so for those of you who always

love consuming it that way um you know this is a great day but i'm going to walk through basically

everything that's in the dc today.com right now so those watching the video and those listening on

the podcast can get the same kind of information.

The first thing I want to do is just get today's market action out of the way.

And then there's some bigger picture stuff we'll cover.

The market last night, the futures were down about 75 points.

They stayed down right in that range all evening, not much

activity. And then even this morning at about 3.30 in the morning Pacific time, when I got up,

they were only down 50. And so you didn't have a whole lot of movement, particularly considering

the rally of last week and considering the huge instability going on right now in the cryptocurrency market and

various concerns about contagion there, which I think are pretty poorly thought concerns.

But then the market opened about flat, and then the Dow did recover.

And you really saw a pretty healthy morning for markets.

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