Wednesday - January 21, 2026
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 569 Ratings
🗓️ 21 January 2026
⏱️ 6 minutes
🧾️ Download transcript
Summary
In this episode of Dividend Cafe, host Brian Szytel provides a market update from Newport Beach, California, highlighting a recovery in the markets with the DOW gaining 588 points. Key topics include recent geopolitical news from the Davos summit, particularly President Trump's comments on Greenland and tariffs. Szytel discusses the concept of market discipline and the impact of political strategies on market behavior. He also reviews significant economic data, notably a 9.3% decline in pending home sales and a rise in construction spending. The episode emphasizes the market's reaction to political developments and economic indicators.
00:00 Introduction and Market Update
00:48 Geopolitical News and Davos Summit
01:03 Trump's Greenland Comments and Market Reactions
03:50 Economic Data Highlights
04:31 Conclusion and Sign Off
Links mentioned in this episode: DividendCafe.com
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life. |
| 0:11.8 | Welcome to Dividend Cafe this Wednesday, January 21st. Brian Saitel is with you here from our Newport Beach, California. |
| 0:20.5 | Office here, TBGHQ, as I call it. |
| 0:23.8 | And on a nice update, actually, we had a sell-off yesterday in markets, and we recovered |
| 0:28.1 | most of that today, not quite all of it, but the Dow is up about 588 points on the day. |
| 0:33.6 | These days, that's about 1.2%. |
| 0:35.8 | S&P was up about the same as was the NASDAQ. So really you had |
| 0:39.8 | the broad-based rally in stocks. Actually, the equal weight S&P did outperform the cap-weighted version of |
| 0:46.4 | the index. But that said, all three of those indices were up about about the same amount in |
| 0:51.6 | percentage terms. Ten year was down four basis points. You also had |
| 0:55.9 | some different geopolitical news and the Davos summit kickoff where Trump had some comments on Greenland. |
| 1:02.0 | There was also a few pieces of economic data on the news. So I'll walk through all this with you and |
| 1:05.7 | unpack it. But essentially what the market sold off for yesterday is why it rallied today. |
| 1:10.5 | So Trump has been talking about Greenland and its strategic importance and some ways to go about acquiring it. |
| 1:17.9 | It could be paid for. |
| 1:18.9 | It could be a deal struck. |
| 1:20.0 | It could be an ultimatum with different tariffs that were announced, which would, of course, drive a retaliation from the EU to instill their own tariffs. |
| 1:29.3 | And there was also the talk of even force in that acquisition. |
| 1:34.6 | But today in Davos, he walked those things back. |
| 1:37.4 | We talk about Taco before. |
| 1:39.2 | This is the Trump always chickens out. |
| 1:40.9 | This is what the lovely Internet comes up with and these different acronyms. |
... |
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.