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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, February 15, 2024
Description: Today's Post - https://bahnsen.co/4bySeX3
A consistently positive trading day in markets from start to finish, with the Dow closing at the highs for the day up 348 points. Yields have also settled in the last few sessions, which, as Tuesday’s knee-jerk move higher, gets normalized. Both the Empire and Philadelphia manufacturing index numbers came in meaningfully above expectations, and jobless claims also beat, so a few good data points in economic fundamentals.
We did get a second quarter of contracting GDP for Q4 out for both the UK and Japan, indicating recessions in...