The Dividend Cafe Tuesday - November 19, 2024

Market Update: Positive Earnings Amid Geopolitical Tensions - November 19 In today's episode of Dividend Cafe, Brian Szytel recaps a generally positive day in the market despite geopolitical tensions involving Ukraine and Russia. The bond market saw slight increases, with the 10-year yield closing at 4.40%. The Dow ended down 120 points but recovered significantly from a 500-point drop earlier in the day, driven by positive earnings reports from major companies. Economic news highlighted disappointing new housing starts and building permits, likely affected by hurricanes and rising interest rates. The episode also touches on the ongoing selection of Trump's administrative team. Overall, it was a relatively quiet day with low volatility and no major economic announcements expected in the immediate future. 00:00 Introduction and Market Overview 00:22 Geopolitical Tensions and Market Reactions 01:00 Economic Data: Housing Starts and Permits 01:41 Upcoming Economic News and Market Sentiment 02:04 Political Updates and Conclusion Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com