The Dividend Cafe Thursday - September 12, 2024
Description
Market Gains and Disinflationary Signs on Dividend Cafe
In this episode of Dividend Cafe, Brian Szytel discusses the positive movements in the markets on September 12th, with the Dow gaining 235 points, the S&P rising for the fourth straight day, and minor gains in the NASDAQ and 10-year Treasury note. The focus is on the latest Producer Price Index (PPI) data showing a disinflationary trend with a year-over-year number under 2%, reinforcing the Federal Reserve's shift from inflation to employment and economic growth concerns. Revised July PPI figures indicate deflation. Initial jobless claims align with expectations, supporting the 'soft landing' economic narrative.
00:00 Introduction and Market Overview
00:37 Inflation Data Insights
01:23 Federal Reserve and Bond Market Dynamics
02:24 Revised PPI Numbers and Jobless Claims
03:05 Conclusion and Sign-Off
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com