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Podcast: The Dividend Cafe
Episode: The Dividend Cafe Wednesday - October 23, 2024
Description: Market Downturns and Rising Interest Rates: Insights from Dividend Cafe
In this October 23rd episode of Dividend Cafe, host Brian Szytel discusses the latest downward trends in the equity market, with the Dow down 409 points, the S&P down nine-tenths of a percent, and the Nasdaq down 1.6 percent. The primary factors contributing to this are rising bond market yields, now at 4.25% for 10-year bonds. The episode explores the impact of these changes on various sectors including housing, where existing home sales have declined by 1%, hitting numbers last seen in September 2010. Additionally, the Beige Book Survey indicates flat...