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Podcast: The Dividend Cafe
Episode: The DC Today - Monday, January 30, 2023
Description: Futures opened last night down -50 and were down -85 into the evening. This morning markets pointed to a down -265 open pre-market. Futures would improve in the next three hours before the opening.
The market opened down just -80 points and then went positive before then steadily declining throughout the day.
The Dow closed down -261 points (0.77%), with the S&P 500 down -1.30% and the Nasdaq down -1.96%.
January looks to be the greatest month for bond market auctions in history, with every single auction printing below-market yields. More demand than supply across the yield curve...