Episode 991: The Dividend Cafe Tuesday - December 3, 2024

Daily Market Recap and Economic Insights - December 3

In this episode of Dividend Cafe, Brian Szytel from West Palm Beach, Florida, delivers a daily market recap for December 3. The Dow closed down 76 points, while S&P and NASDAQ ended in positive territory. The ten-year yield rose by three basis points, and the October JOLTS report indicated an increase in job openings. Several Federal Reserve governors spoke, signaling a likely December rate cut, boosting market optimism. The episode also previewed upcoming employment reports, predicting that data dependency will drive future economic policies.

00:00 Introduction and Market Recap

00:30 Economic Indicators and Job Market

01:27 Federal Reserve Updates

01:58 Upcoming Employment Reports

02:08 Fed Governors' Statements

03:26 Conclusion and Final Thoughts

Links mentioned in this episode: DividendCafe.com

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