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Podcast: The Dividend Cafe
Episode: The DC Today - Wednesday, February 14, 2024
Description: Today's Post - https://bahnsen.co/49ia3bk
A more productive day in markets today following yesterdays sell off with with the SP500 regaining the 5,000 level and bond yields giving back some of yesterdays back up in rates. As expected, internals yesterday were quite negative at -13 to 1 on the advance/decline ratio, but without credit spreads even budging, we move on. For what its worth, in a meeting with House members following the inflation release yesterday, Powell mentioned that the CPI data was consistent with what they had expected.
Moving back to actual fundamentals...