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Podcast: The Dividend Cafe
Episode: The DC Today - Tuesday, December 13, 2022
Description: The CPI report came in well below expectations, and futures were up as much as +830 points pre-market (on top of yesterdayโs +520 point rally). The rally basically peaked at the open and then fizzled from there, going negative mid-day, before closing up just a hundred points or so.
Dow: +104 points (+0.30%)
S&P: +0.73%
Nasdaq: +1.01%
10-Year Treasury Yield: 3.50% (- 11 basis points)
Top-performing sector: Real Estate (+2.04%); Energy (+1.77%)
Bottom-performing sector: Consumer Staples (-0.17%) โ only negative sector
WTI Crude Oil: $75.25/barrel (-0.19%)
Key Economic Point of the Day:
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โYou (and just about everyone else) focus on the three major...