The Dividend Cafe
The Dividend Cafe
The Bahnsen Group
Thursday - September 17, 2026
6 minutes Posted Sep 17, 2026 at 7:28 pm.
Market Rebound Snapshot
Rates Oil And Rotation
Economic Data Check
AI Fear And History
Oil Fed And Recession
Wrap Up And Next Read
0:00
6:05
Download MP3
Show notes
Brian Szytel reports a pre-close market rebound from Newport Beach on Thursday, September 17, with the Dow up over 300 points, the S&P up over 1%, the Nasdaq up about 1.5%, and the 10-year yield falling to 4.95% as the curve flattens; oil prices eased and recent sector rotation briefly reversed as tech regained bids and equal-weight indexes underperformed cap-weighted. On the economic calendar, the Philly Fed Manufacturing Index beat expectations and initial jobless claims fell to 196,000 versus 208,000, while housing starts and pending sales missed slightly. He addresses fears about AI by noting historical patterns of technology skepticism and euphoria, citing the 1990s productivity paradox and subsequent productivity surge. He also answers a question on $100+ oil alongside Fed hikes, saying it has not always signaled recession and that current expected rate increases are modest unless policy overdoes it.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com