Wednesday - April 1, 2026
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 569 Ratings
🗓️ 1 April 2026
⏱️ 7 minutes
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Summary
Brian Szytel hosts Dividend Cafe on April 1, noting a positive market day with the S&P up about 0.5% and the NASDAQ up nearly 0.8% while the 10-year yield is around 4.32%. He attributes improved sentiment to a robust rally tied to Iran-related news and expectations of a potentially positive announcement from President Trump. He emphasizes the need for objective, non-politicized asset allocation focused on markets and the economy rather than geopolitical prognostication. Addressing a common question, he explains why Middle East disruptions can raise U.S. oil prices: oil is a global commodity and U.S. refineries are geared toward heavier Brent crude even though the U.S. produces much light sweet crude, with about one-third of consumption imported. He highlights stronger-than-expected ADP payrolls, February retail sales, and an ISM manufacturing beat, keeping both services and manufacturing in expansion.
00:00 Market Open And Q2 Kickoff
00:33 Iran Headlines And Trump Update
01:05 Staying Objective As Investors
02:41 Why Oil Prices Rise Globally
04:00 Key Economic Data Beats
04:54 Wrap Up And Next Episode
Links mentioned in this episode: DividendCafe.com
Transcript
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| 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. |
| 0:12.1 | Welcome to Dividend Cafe. This is Brian Saitel, your host this evening on the first day of April and the first day of the second quarter. |
| 0:21.6 | And wow did Q1 fly by. |
| 0:22.6 | But here we are. |
| 0:23.6 | Lot has transpired. |
| 0:24.6 | And we've got a positive market day overall today. |
| 0:27.6 | I am recording this about half an hour before the close for travel purposes. |
| 0:32.6 | But we've got S&P up about half of a percent and NASDAQ up almost eight-tenths of a percent on the day. |
| 0:39.3 | Ten year is unchanged. We're at 432. So bond land is very quiet, but markets generally are feeling |
| 0:45.8 | good, and this is after a very robust rally yesterday that ended the first quarter. And all of it |
| 0:51.4 | was around Iran news and an end near and an end in sight potentially. |
| 0:56.5 | And then tonight we've got an announcement or a special announcement from President Trump about |
| 1:02.3 | development and the odds of it being a positive comment and or potentially a victorious one |
| 1:08.5 | and or one that has an end detailed or higher than not. |
| 1:13.5 | And so that's why you have markets feeling a little better today. |
| 1:16.2 | So we'll take that. |
| 1:17.5 | Again, these things as we look at them, one of the things that we wanted to focus on today, |
| 1:21.8 | and David did a really nice job writing this piece. |
| 1:25.0 | And I know you're listening to me in this podcast and I appreciate it very much. |
| 1:28.9 | I would encourage any of you that can read the written as well. But essentially it's our job as |
| 1:34.6 | asset allocators and money managers to look at the world in an objective way. We have our own |
| 1:40.2 | political bias and things. But what we see in the media and what we hear in punditry is |
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