The Dividend Cafe Wednesday - September 11, 2024

September 11 Market Update and Inflation Insights

In this episode of Dividend Cafe, host Brian Szytel begins with a somber remembrance of the September 11 terrorist attacks, offering thoughts and prayers to those affected. He proceeds with market commentary, noting an initial drop and subsequent recovery, likely influenced by the recent debate between former President Trump and Vice President Kamala Harris. Szytel discusses key inflation data, highlighting that the Consumer Price Index (CPI) numbers are in line with Federal Reserve targets. He also touches on the implications for upcoming interest rate decisions and the balance sheet. Finally, Seitel provides a preview of forthcoming economic data, including initial jobless claims and the Producer Price Index (PPI).

00:00 Introduction and Remembrance of 9/11

00:33 Market Opening and Debate Impact

01:05 Market Performance and Analysis

01:51 Inflation Data and Federal Reserve Expectations

03:34 Upcoming Economic Indicators and Closing Remarks

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