Want to create an interactive transcript for this episode?
Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, October 5, 2023
Description: Today's Post - https://bahnsen.co/3F8Luji
More or less, there is one market movement right now, even if it has three parts. Bond yields and the dollar are in the same direction; stocks are in the opposite direction. Those three in those respective relationships are all part of one story, not three different stories.
In a nutshell, I remain convinced that the story has become one of quantitative tightening. The Fed is a seller (sort of) of Treasuries, not a buyer (meaning they are not rolling over matured bonds). Global central banks are...