About this episode
Market Rally and Economic Indicators: August 12th Update In this episode of Dividend Cafe, host Brian Szytel discusses the significant market rally on August 12th, with the Dow closing 483 points up and the S&P and Nasdaq also seeing gains. The episode covers a fresh Consumer Price Index (CPI) report showing minimal change in inflation, which has led to increased expectations for the Federal Reserve to lower interest rates. Sitel also discusses predictions for future rate cuts, the upcoming Jackson Hole symposium, and the anticipated September non-farm payroll report. Additionally, recession odds have decreased significantly, now less than 20%. Finally, a better-than-expected small business optimism survey is highlighted. 00:00 Introduction and Market Overview 00:55 Inflation and CPI Data Analysis 01:36 Federal Reserve and Interest Rate Predictions 02:43 Upcoming Economic Reports and Market Sentiment 03:04 Recession Odds and Data Sources 04:16 Small Business Optimism and Conclusion Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com