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Podcast: The Dividend Cafe
Episode: The DC Today - Wednesday, September 6, 2023
Description: Today's Post - https://bahnsen.co/3LcqThy
Oil is the story of markets yet again, with Brent now passing $90 and WTI Crude passing $87. The idea that oil was between $65 and $75 for months and we did nothing to help re-fill the Strategic Petroleum Reserve is just surreal to me. These prices at now 10-month highs are sure to exacerbate the delta between core and headline inflation in the months ahead.
Just 37% of companies in the S&P 500 were above their 50-day moving average this morning as internal momentum continues to dissipate.
China and Japan...