Market Recap and Economic Insights: June 11
In this episode of Dividend Cafe, Brian Szytel discusses the market performance on a flat trading day, noting minor declines in the S&P 500, Nasdaq, and Dow. Key economic updates include the release of CPI numbers, global growth forecasts cut by the World Bank, and ongoing US-China trade talks. Despite lower-than-expected CPI growth, concerns about inflation from tariffs have not materialized yet. Brian also provides insights on US growth projections, emphasizing the oscillatory nature of the World Bank's estimates and expressing optimism based on real-time data from the Atlanta Fed.
00:00 Introduction and Market Overview
00:37 CPI Numbers and Inflation Insights
01:33 US-China Trade Talks Update
02:02 World Bank Global Growth Forecast
03:06 Conclusion and Upcoming Episodes
Links mentioned in this episode: DividendCafe.com