Episode 782: The DC Today - Thursday, January 25, 2024
An overall positive trading day without a lot of volatility behind what was a pretty decent batch of economic data.
An overall positive trading day without a lot of volatility behind what was a pretty decent batch of economic data.
Today's Post - https://bahnsen.co/48LulK1
An overall positive trading day without a lot of volatility behind what was a pretty decent batch of economic data. The Dow was up well over 200 points, and the S&P 500 notched a sixth day of gains. We had the first read on Q4 GDP come in significantly higher than expected at 3.3%, with the consumer powering almost two percent of it. Both durable goods orders and jobless claims came in just enough below expectations that bonds also rallied, with the 10 YR down six basis points.
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com
Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.
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