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

Hello and welcome to another edition of the Dividendon Cafe.

So excited to be with you actually sitting in our studio here in Newport Beach.

And I want to do something a little bit fun today.

I hope you listening to the podcast and watching the video will enjoy this format.

What I sat down this morning to write Dividin Cafe and had a number of different topics I wanted to address that to me were

kind of the low-hanging fruit of the summer. And I'm kind of in that mode right now of the summer

wrapping up. I have kids getting ready to start school again and sports practices have already

started. And I'm very much thinking about USC football starting. And so you get this kind of like,

summer's almost over, falls almost here, vibe.

And, you know, it's been an incredibly stimulating summer intellectually.

Like, there's been a lot of things that I've been working through,

projects, challenges, and just, you know, a kind of framework of portfolio thinking

that I think in a lot of ways are obvious. The macroeconomic questions that everyone's talking

about, and we've written about, I think we have a different touch that we put on it, but the

question about recession and inflation

and those things. But look, there's a few different things that are kind of primary subjects,

and we get a lot of questions about them. So I just thought, why don't I give you the five things that

are kind of most on our mind, our thought process here as we wrap up the summer

2022. And so what I want to do is just go straight from the Dividendant Cafe address these topics

and give you a little commentary on them and, of course, invite more questions going forward.

First and foremost, which I think does play into other things that we're

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