The Dividend Cafe
The Dividend Cafe
The Bahnsen Group
The Dividend Cafe Tuesday - August 13, 2024
4 minutes Posted Aug 13, 2024 at 8:33 am.
Introduction and Market Overview
Inflation and Economic Indicators
Small Business Optimism
Conclusion and Upcoming Events
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4:07
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Show notes
Market Rally Fueled by Lower Inflation Numbers - August 13
In this episode of Dividend Cafe, Brian Szytel reports from New York City on a positive day in the markets on Tuesday, August 13th. The Dow rose by 408 points, the S&P surpassed 5,400, and the Nasdaq increased by 2.25%. Bond yields also fell, with the 10-year closing at 3.85%. Lower than expected producer price index numbers and positive small business optimism contributed to the market rally. Brian anticipates the CPI numbers to be released tomorrow and encourages listeners to stay tuned for further analysis.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com