Market Analysis and Federal Reserve Insights - Dividend Cafe, July 22nd
Market Analysis and Federal Reserve Insights - Dividend Cafe, July 22nd
In this Dividend Cafe episode, Brian Szytel from TBG New York City headquarters provides a comprehensive market update for July 22nd. He discusses the mixed market with the DOW rising, S&P staying flat, and Nasdaq falling. Factors affecting this trend include earnings reports and sector pricing. The 10-year interest rate dropped slightly, and there were movements in the dollar and gold prices. Brian also highlights international trade agreements, Federal Reserve discussions featuring past chairs, and the celebrity status of the current Fed Chair Jerome Powell. Additionally, Brian covers the upcoming economic calendar with existing home sales and initial jobless claims. He answers questions about the effect of treasury supply on yields and the role of preferred stocks in dividend growth portfolios. Finally, Brian signs off from New York, mentioning an upcoming client dinner in the city.
00:00 Introduction and Market Overview
00:45 Interest Rates and Economic Indicators
01:17 Federal Reserve and Monetary Policy
02:49 Upcoming Economic Data
03:06 Viewer Questions: Treasury Yields and Preferred Stocks
05:13 Conclusion and Personal Notes
Links mentioned in this episode: DividendCafe.com
Brian Szytel is the Co-CIO and Senior Managing Director of The Bahnsen Group.
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