The Dividend Cafe
The Dividend Cafe
The Bahnsen Group
The Dividend Cafe Thursday - July 18, 2024
4 minutes Posted Jul 18, 2024 at 8:11 am.
Introduction and Market Overview
Impact of Tariffs on China and Global Trade
Economic Indicators and Job Market Update
Upcoming Events and Conclusion
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4:30
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Show notes
Market Volatility Analysis and Economic Updates - July 18
In this episode of Dividend Cafe, Brian Szytel discusses the continued market volatility as the Dow drops 533 points, closing almost at its daily low. The S&P and NASDAQ also decline by about 0.7 to 0.8 percent, while the 10-year yield increases by four basis points to 420. Despite the market's turbulence, political developments such as increased tariffs on China and their impact on technology, especially semiconductors, are highlighted. Brian reflects on the significant shifts in trade dynamics over the past decade, noting a reduced reliance between the U.S. and China. Additionally, the episode covers initial jobless claims and a significant positive surprise in the Philly Fed Manufacturing Index. With a quiet economic calendar ahead, the episode concludes with a preview of the upcoming longer-form Dividend Cafe newsletter.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com