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

This is David Bonson. I'm bringing you the Tuesday Daily Recap here. Our Dividendon, Monday, is worth listening to the Friday Dividing

Cafe worth listening to to capture what we believe was taking place in markets last week and what

hit a crescendo on Monday in terms of downward market volatility. Today, there was a bit of a recovery. I want to put in context for you

very quickly. The Dow ended up 300 points on the day up about three quarters of a percentage

point. But at one point, it was up 700 points. So in the final hour, really about an hour

and a half of trading. So it wasn't just the last 10 minutes or so.

In the last 30 minutes, it gave up close to about 100 points, but it had given up a few

hundred before that. And so all that to say that the momentum by the end of the day was to the downside, but the market still did

close up 300 points. The S&P was up 1%. The NASDAQ was up the exact same amount. So no one's

going to complain. When you've been going down a thousand points and going down a few percent

in some of these big indices, it feels like a positive to

have had the market be up, but the market's definitely by the end of the day are more fatigued.

There's a lot of reasons. This is very common that the final half hour and a half of trading,

some of the big market indices could give up a big

lead.

Generally, there's just people, this kind of volatility that don't want to go to bed

overnight with the potential of announcements, potential of changes of things in the Asian

markets, this yen carry trade concern that I talked about yesterday.

In volatile markets, after-hours activity becomes quite paramount.

And so, therefore, you have people that prefer not to be exposed.

And for those of you who remember some of the hyper-volatility that makes the volatility

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