About this episode
Daily Market Recap and Economic Insights - Dividend Cafe In today's daily recap on Dividend Cafe, David Bahnsen discusses the market performance with the Dow closing up 140 points, modest gains in the S&P and NASDAQ, and a continued bond market rally reflected in the 10-year yield drop to 4.33%. Real estate and consumer staples sectors led the day with about 1% gains, while materials and energy sectors saw declines. Oil prices decreased by $1.30 a barrel. The episode also touches on the JOLTS data indicating a drop in job openings and speculates that the labor market data will give the Fed a potential reason to loosen policy by the year's end. David also encourages viewers to check out ongoing questions on DividendCafe.com and concludes with a positive outlook for most asset classes in May. 00:00 Introduction to Dividend Cafe 00:12 Daily Market Recap 00:41 Bond Market Rally 01:19 Sector Performance Overview 01:39 Oil Prices and Economic Data 01:54 Labor Market Insights 02:45 Fed's Potential Moves 02:59 Closing Thoughts and Resources 03:54 Legal and Investment Disclaimers Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com