Want to create an interactive transcript for this episode?
Podcast: The Dividend Cafe
Episode: The DC Today - Tuesday, August 1, 2023
Description: Today's Post - https://bahnsen.co/3q8RMfd
August is off and running! The Dow was up +3.4% in July, nearly half of its total gain in 2023 coming in the month. Both the Nasdaq and S&P were up over +3% as well.
Bonds sold off today as yields rallied, and with a weak manufacturing number today, the only reason I can see bond yields climbing today is some expectation (for right or for wrong) that the jobs data will be strong this week.
Copper moving higher is not a sign of pending economic weakness...