Today's Post - https://bahnsen.co/4m0KxNO
Market Update & European Union Trade Deal - Dividend Cafe
In this Monday edition of Dividend Cafe, David Bahnsen, Chief Investment Officer of The Bahnsen Group, discusses a range of market updates and economic observations from his office in New York City. He highlights the flat performance of major indices amidst the European Union trade deal news, the surprising low volatility, and the record number of S&P 500 companies above their 200-day moving average. Bahnsen also touches on upcoming earnings reports from major tech firms, bond market movements, and significant sector performances. Additionally, he offers his perspectives on durable goods orders, initial jobless claims, and existing home sales figures. The episode includes insights on the latest trade deals and how they may impact markets long-term, along with a personal anecdote about walking through a movie set in the intense summer heat.
00:00 Introduction and Market Overview
00:57 Unexpected Encounter on the Way to Fox Business
02:08 Market Performance and Key Indicators
04:06 European Union Trade Deal Insights
07:20 Economic Data and Predictions
08:57 Housing Market Trends
09:45 Potential Policy Changes and The Fed's Meeting
10:50 Midstream Companies and Dividend Growth
11:37 Conclusion and Upcoming Content
Links mentioned in this episode: DividendCafe.com