The Dividend Cafe Thursday - September 26, 2024

Episode 946: The Dividend Cafe Thursday - September 26, 2024

Brian discusses recent stimuli enacted by the People's Bank of China to spur economic growth, including lowering mortgage and deposit rates.

Show notes

Market Recap and China's Economic Stimulus

In this episode of Dividend Cafe, Brian Szytel reports from West Palm Beach, Florida on a generally positive market day. He discusses recent stimuli enacted by the People's Bank of China to spur economic growth, including lowering mortgage and deposit rates. China faces deflation with PPI at -1.8% and significant real estate declines. Despite market weaknesses, global GDP remains relatively stable at 3%. U.S. jobless claims slightly beat expectations, third-quarter GDP remains unchanged at 3%, and durable goods orders exceeded expectations. Chinese stock performance and its impact on U.S. markets are also examined.

00:00 Introduction and Market Overview

00:24 China's Economic Stimulus and Its Impact

00:43 Detailed Analysis of China's Economic Indicators

01:46 Global Market Reactions and Future Outlook

02:22 US Economic Data and Market Performance

02:57 Closing Remarks and Upcoming Events

Links mentioned in this episode: DividendCafe.com

TheBahnsenGroup.com

Hosts

Brian Szytel

Brian Szytel

Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.

View episodes

Guests

Subscribe now

Get new episodes of The Dividend Cafe automatically