Tuesday - March 10, 2026
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 569 Ratings
🗓️ 10 March 2026
⏱️ 7 minutes
🧾️ Download transcript
Summary
Brian Szytel from Dividend Cafe (Tuesday, March 10) recaps a mixed market day that started higher on optimism from comments that the war would end soon, then faded to flat after reports of Iran laying mines in the Strait of Hormuz amid intensified Middle East conflict. He notes modest economic releases: the NFIB Small Business Optimism Index at 98.8 (near historical average) and February existing home sales above expectations at over 4 million, suggesting some housing thaw as rates ease. He explains the Strait’s global importance (about 20% of oil/LNG and 30% of helium) and estimates a ~0.4% GDP impact if disruptions persist, contributing to higher long rates and a steepening yield curve. He advises against timing volatility and discusses defense contractors, emphasizing fundamentals and the ability of large firms to develop or acquire new technologies.
00:00 Market Open And Headlines
00:48 Economic Data Check In
01:27 Strait Of Hormuz Stakes
02:18 Rates And Yield Curve
02:51 Staying Invested Through Volatility
03:19 Defense Stocks And Cheap Weapons
04:50 How We Invest In Defense
05:16 Wrap Up And Q And A
Links mentioned in this episode: DividendCafe.com
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Dividend Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life. |
| 0:12.8 | Welcome to Dividend Cafe. This is Tuesday. March the 10th. I'll be your host, Brian Saitel, with you here today from our West Palm Beach, Florida office. |
| 0:23.5 | On a mixed day, ultimately in markets, we actually started off quite positive most of the trading day. |
| 0:28.5 | And this was a follow-through from yesterday from announcement from Trump in the administration that the war would be over soon. |
| 0:36.8 | And it was almost complete. |
| 0:38.2 | And markets took that as accurate and rallied towards the end of the day and into this morning. |
| 0:43.4 | And then we gave up some of that as there was news about Iran laying mines in the Strait of Hormuz. |
| 0:48.5 | So the situation is ongoing. |
| 0:49.9 | There's intensified conflict in the Middle East as we've written about quite a bit. |
| 0:55.1 | And we're muddling through here these markets. |
| 0:57.4 | There were a few pieces of economic news that were out. |
| 1:00.2 | Neither of them were big needle movers, but we did have an NFIB Small Business Optimum Index |
| 1:05.5 | that we talk about often come out just a little under. |
| 1:09.6 | We got 98.8. |
| 1:12.5 | This is right at the historical average for a long period of time I'd call it a decent number but something to pay attention to in the |
| 1:16.7 | economic front small businesses are a large part of the overall economy existing home sales beat in |
| 1:21.3 | February by a pretty decent margin we got over 4 million there we were expecting 3.8 on existing home sales. So with rates |
| 1:29.6 | coming down a little bit, you're starting to see potentially some signs of thawing in this sort |
| 1:34.4 | of stuck housing market that we've been in for many years, but that's ongoing. So again, back as |
| 1:40.1 | far as how markets moved, the straight of Hermose accounts for an enormous amount of energy |
| 1:45.5 | transportation, but not just energy, other things. It's 20% of the world's oil and liquid natural |
| 1:50.0 | gas that is not functioning through there, but it's also, for example, 30% of helium. And while |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Dividend Cafe - The Bahnsen Group, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Dividend Cafe - The Bahnsen Group and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.