The DC Today - Wednesday, July 5, 2023
The Dividend Cafe
00:00
The Fed Minutes That Were Released
The big news on the day was the Fed minutes that were released and I'll sort of go through that a little bit. The next meeting is the 25th and 26th of July, so that's a good amount of time from now, call it three weeks or more. We got some factory orders and some durable goods orders out today that were below expectations although they were basically the same exact number as they were last month. Oil was up about 3%, 3.18% on the day because Technically we've been tracking one of the warmest days or the hottest day I guess on record which went back to 1979.
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