Want to create an interactive transcript for this episode?
Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, January 4, 2024
Description: Today's Post - https://bahnsen.co/3Oe52YT
Generally positive markets this morning lost momentum throughout the trading day with the Dow closing completely flat and both the S&P 500 and Nasdaq down a pinch. Yields were up on the day, with the 10-year back to just under 4%, and Fed futures starting to show a little less conviction on a rate cut in March (albeit still at a 64% chance). We had some better-than-expected payroll numbers today, and with slightly lower new Job openings yesterday are slowly but surely seeing a supply imbalance normalization in employment. We have...