Mixed Market Day and Economic Insights – August 26
In this episode of Dividend Cafe, Brian Szytel provides an update from The Bahnsen Group's Newport Beach headquarters on a quiet market day with moderate gains in the Dow, S&P, and Nasdaq. Despite negative durable goods orders, results were better than expected. The episode also discusses mixed data from the Dallas and New York manufacturing surveys, the impact of federal economic policies, the Federal Reserve's role in buying securities, and slight declines in home prices and consumer confidence. Key upcoming data includes the PCE inflation gauge set to be released on Friday.
00:00 Introduction and Market Overview
00:36 Economic Data Highlights
01:47 Federal Reserve and Inflation Discussion
02:50 Housing Market Update
03:29 Consumer Confidence and Market Takeaways
03:51 Upcoming Economic Events
04:09 Conclusion and Sign Off
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
