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Podcast: The Dividend Cafe
Episode: The DC Today - Wednesday, November 30, 2022
Description: A monstrous rally ensued today when Jerome Powell verified Fed plans to slow down on rate hikes. Do I think this makes sense? Well, I will tell you what I think about all of it in today’s podcast and video!
MARKET ACTION
Dow: +737 points (+2.18%)
S&P: +3.09%
Nasdaq: +4.41%
The S&P 500 ended the month of November up +5.37% and the Dow ended up +5.7%. Combined with October Q2 has been monstrous, so far anyways.
10-Year Treasury Yield: 3.61% (-14 basis points)
Top-performing sector: Technology (+5.03%)
Bottom-performing sector: Energy (+0.56%) – one of those days where the WORST sector was up this much...