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The Dividend Cafe

The DC Today - Monday, November 6, 2023

The Dividend Cafe

The Dividend Cafe - The Bahnsen Group

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

4.9572 Ratings

🗓️ 6 November 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

Today's Post - https://bahnsen.co/3SuN9Yy

Nothing like the Monday edition of DC Today. I’ll get right into it.

Dividend Cafe dealt with the subject of long term interest rates and what it all means for the economy and investors. I think it was a useful way to think about what the long term is supposed to measure, and what current Fed actions mean for that process.

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.

0:13.9

Well, hello and welcome to the Monday edition of DC Today. There is a lot in the DC Today today, a lot of links, a lot of fun things.

0:22.6

I'm going to quickly go through some of the highlights here for those you listen to the podcast

0:26.8

and watching the video. But you know how we do it on Monday, try to go through a lot of different

0:31.8

sections. If you missed Dividendon Cafe on Friday, I think it was an important one. I'm hoping

0:37.4

that it was somewhat informative about how we want to think about long-term interest rates,

0:42.3

how they come to be, what they mean, and how we want to invest around it.

0:46.5

I was on Maria Bartramas Wall Street Week show over the weekend.

0:49.7

We have a link to that in the DC Today as well as this morning.

0:54.0

I did the opening hour with Stuart

0:55.5

Varney and Fox Business and my team put together a little highlight reel there as well. So

1:00.9

you got a couple links. As far as the market itself, futures had opened up about 30 points last

1:07.0

night. The Dow closed up 35 points today. The market opened right around there. The futures

1:14.3

stayed right around there. And the zigs and zags that took place in the market today were pretty

1:21.0

insignificant. You could say, okay, so just kind of a nice boring, unvolatile day in markets,

1:26.3

which it was. But there's maybe a little more to that in the sense of after the biggest week of the year

1:33.6

in markets in a 12 or 1,300 point rally that we are coming off of to have the market stay higher

1:41.9

even and, you know, hanging in there and even staying positive to some degree.

1:46.7

It's a little bit of a surprise.

1:48.6

Bond yields too.

1:49.8

The 10 year moved up nine basis points today.

1:52.8

So you had bonds come down a little and although still at 4.65% on the 10 years.

...

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