Global Market Rally and US-Japan Trade Deal Insights
In this episode of Dividend Cafe, Brian Szytel reports from The Bahnsen Group's New York City office on a broad-based market rally occurring on July 23rd. Key highlights include the positive impact of finalized trade deals between the US and Japan, and the US and EU. US markets experienced a nearly 1% increase, while Japan's Nikkei saw a 3.5% rise. Fixed income prices dipped slightly as yields rose. The Atlanta Fed's business inflation expectations decreased marginally, while existing home sales in the US fell 2.7% for June. The US-Japan trade deal, featuring a 15% tariff rate and a substantial investment from Japan, is seen as a significant achievement. The episode concludes with insights on ongoing market valuations and upcoming economic indicators.
00:00 Introduction and Market Overview
00:20 Global Market Rally
00:27 US-Japan Trade Deal
01:19 Economic Calendar Highlights
02:48 US-Japan Market Discount Analysis
04:03 Conclusion and Upcoming Events
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
