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Podcast: The Dividend Cafe
Episode: The DC Today - Tuesday, October 10, 2023
Description: Today's Post - https://bahnsen.co/3S0qSBs
Markets today moved higher as bond yields came lower. One can argue that bond yields are dropping in response to comments from Fed governors yesterday (see below) but the more prominent factor is likely a slight flight-to-risk out of the war situation in Gaza. What it has done, though, is exacerbate the stock-bond correlation whereby they were both dropping in September and now are both rallying.
Earnings season launched with Pepsi announcing their results before the market opened. Markets liked it.
President Biden joined with...