Market Insights: Follow-Through, Treasury Secretary Speaks, and Housing Resurgence
In this August 13th episode of Dividend Cafe, Brian Szytel from The Bahnsen Group provides a detailed market update from Newport Beach, California. He discusses recent market trends, including significant market breadth with a six-to-one advance-decline ratio. Brian also covers Treasury Secretary Bessant's comments on a potential Fed rate cut and the search for new Fed candidates. He highlights the resurgence in the small-cap sector and notes an uptick in housing activity despite affordability challenges. Brian addresses a common query about The Bahnsen Group's ability to manage assets for international clients and previews forthcoming economic data releases, such as the Producer Price Index, retail sales, and consumer sentiment.
00:00 Introduction and Market Overview
00:47 Treasury Secretary's Comments on Fed Policy
01:46 Small Cap Sector Insights
02:29 Housing Market Trends
04:35 International Client Queries
06:01 Upcoming Economic Data
06:53 Conclusion and Closing Remarks
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
