The Dividend Cafe
The Dividend Cafe
The Bahnsen Group
The Dividend Cafe Wednesday - December 11, 2024
6 minutes Posted Dec 11, 2024 at 9:44 am.
Introduction and Market Overview
Inflation Insights and CPI Data
Economic Growth and Spending Trends
Upcoming FOMC Meeting and Rate Cuts
Inflation Protected Treasuries Discussion
Conclusion and Viewer Engagement
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Show notes
Market Updates and Inflation Insights - December 11th Edition
In this episode of Dividend Cafe, Brian Szytel provides an overview of the market's performance on December 11th, highlighting the overall positive day with specific gains in the S&P and Nasdaq, despite a minor drop in the Dow. The core discussion centers around new CPI data indicating a consistent inflation rate, with headline CPI at 2.7% and core CPI at 3.3%, still above the Fed's 2% target. Szytel explains the impact of shelter costs on these figures and the anticipated future convergence that may align with Fed targets. Additionally, he discusses the upcoming FOMC meeting with a likely 25 basis point rate cut and the speculation about future rate cuts in the coming year. He also offers insights on inflation-protected treasuries, advising they may be a safe investment but without significant upside in the current climate.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com