Welcome to the Dividing Cafe, weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life.

Well, hello and welcome to the Monday edition of Dividing Cafe. I'm David Bonson, your managing partner at the Bonson Group, and it is Thanksgiving week late into the month

of November. This is as good as it gets in the United States of America, my favorite time

a year. And I'm looking forward to giving you today's kind of market breakdown and a few other

things that have broken in the world and in the national stage.

Let me get the market stuff out of the way.

I'm a little scatterbrain right now.

It's been a crazy day and lots and lots of things going on, but we're going to make it count today.

So the Dow was up over 440 points right at 1%. I think you all know that the Dow was up

points last week. So there was a big rally after election, then gave a little bit of it back in the

next week and then another big rally. So the beat goes on. The S&P was up 30

basis points today. The NASDAQ just right behind that at 27 basis points, almost a third of a

point for both of the other two sectors. But you had real estate today up 1.28%. And the real

story, and everyone just loves, loves, loves time on the stock market,

especially on a 400 point Dow Day. Understand, by the way, I just said the Dow is up 440 points

for most of my lifetime. That would have been one of the biggest days of the Dow history.

And when you're talking about a denominator that's getting extremely

close to 45,000, 400, 500 points isn't what it used to be. And that counts on the downside, too,

I should add, because of math. But here's the thing. The bond market was the real story today.

You had a significant drop in rates that rallied

bond prices significantly, the 10-year down 14 basis points, back down almost to 4.5. So not only

did it not breach 4.5 when yields had been moving higher, although it got very close, but it's now

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