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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, October 13, 2022
Description: Okay, so one of the largest intra-day market moves on record (from down -550 to up +950 – a 1,500 bottom-to-top move today). So there is market action AND inflation/economic action to unpack, and you have come to the right place:
MARKET ACTION
Dow: Up +828 points (+2.83%) – was down -550 points at the low
S&P: +2.60%
Nasdaq: 2.23%
10-Year Treasury Yield: 3.95% (+5 basis points)
Top-performing sector: Financials (+4.14%) – I am not going to take the time to look it up, but I will safely guess that this is the best day in years for Financials; in fact, I bet HALF of this w...