This episode of Dividend Cafe offers a commentary on the recent market downturn, noting a 201 point drop in the Dow and a slight rise in volatility. The Federal Reserve's May meeting minutes are discussed, revealing some disappointment in inflation data but maintaining a medium-term 2 percent inflation target. The episode also covers lower than expected April existing home sales, likely due to tight housing inventory and higher rates, yet notes a 5.7 percent year-over-year price increase. UK inflation rose slightly more than expected to 2.3%, attributed to weaker economic fundamentals compared to the US. China's potential increase in tariffs on large autos from the US and Europe is mentioned, seen as a tit-for-tat move against the Biden administration's tariff raises. Additionally, the episode previews economic indicators to be released the following day, including jobless claims and PMI numbers. The Bonson Group's role as investment professionals and the disclaimer regarding investment risks and advice conclude the commentary.Links mentioned in this episode:DividendCafe.comTheBahnsenGroup.com