The Dividend Cafe Thursday - July 18, 2024

Market Volatility Analysis and Economic Updates - July 18

In this episode of Dividend Cafe, Brian Szytel discusses the continued market volatility as the Dow drops 533 points, closing almost at its daily low. The S&P and NASDAQ also decline by about 0.7 to 0.8 percent, while the 10-year yield increases by four basis points to 420. Despite the market's turbulence, political developments such as increased tariffs on China and their impact on technology, especially semiconductors, are highlighted. Brian reflects on the significant shifts in trade dynamics over the past decade, noting a reduced reliance between the U.S. and China. Additionally, the episode covers initial jobless claims and a significant positive surprise in the Philly Fed Manufacturing Index. With a quiet economic calendar ahead, the episode concludes with a preview of the upcoming longer-form Dividend Cafe newsletter.

00:00 Introduction and Market Overview

00:46 Impact of Tariffs on China and Global Trade

01:47 Economic Indicators and Job Market Update

02:21 Upcoming Events and Conclusion

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com