The Dividend Cafe

Latest Episodes:

Replay - National Conference Call on Market Outlook June 15, 2020 Jun 15, 2020

Show notes

Replay of National Call Market Outlook with TBG CIO and Founder, David L. Bahnsen and Scott Gamm of Strategy Voice Associates.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

A Bull and Bear Fight, and I Feel Fine Jun 12, 2020

Show notes

1,800 points came off the Dow in one day, the fourth worst day of the year by the way, and while I spent significant time unpacking it, studying it, and understanding it, I did not spend any time "sweating" it. As you will see in the content of this week's Dividend Cafe, I believe there is very little evidence of health-related issues at this time to drive markets lower (i.e. so-called "second wave" rhetoric)

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Daily Covid and Markets Podcast - Thursday June 11 Jun 11, 2020

Show notes

The market declined 1,800 points today behind a conflation of factors we will unpack below. Futures were pointing to down 200 at bed time last night, were down over 500 at 3:15am, and dropped more than 850 points from then until the market open. We opened down that much, and then throughout the day saw new intra-day lows hit, as the yield curve flattened and some of the recent high flyers sold off a great deal

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Daily Covid and Markets Podcast - Wednesday June 10 Jun 10, 2020

Show notes

The market was all over the map today, with futures up last night at bed time, flat this morning, then up, then down, etc. This is today’s intra-day chart for the Dow – a snooze fest compared to March volatility, of course, but rather substantial up/down movements as far as normal market days go, closing near low levels of the day.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

TBG INVESTMENT COMMITTEE REUNION EDITION – June 9, 2020 Jun 09, 2020

Show notes

Is the market about to go through a period of “rotation?” Growth vs. Value, Large Cap vs. Small-Cap, Cyclicals vs. Defensives - does it even matter? Our investment committee is back together, sheltering in place at our own studio, bringing you our perspective on all these subjects and more.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Daily Covid and Markets Podcast - Monday June 8 Jun 08, 2020

Show notes

The market rallied another 460+ points today, and the S&P closed back where it started the year (so not quite back to its all-time high, but back to its New Years Eve level). The Dow has a little more work to do still. The entire thing is surreal.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

New Highs Amidst New Lows Jun 05, 2020

Show notes

I find it inconceivable that we will not have up and down volatility at some point in the near future. But I am not surprised by this market's resilience. The forward-looking capabilities of the market are powerful, even though they are more often subject to excess. On the downside and the upside - no perfect equilibrium can ever be found. This is why market timing is the errand of a fool.

I hope and pray our society will find a forward-looking optimism, as well. That what is wrong in our country can be fixed by that which is right in our country. Believe it or not, even apart from all I care about on these pages regarding the markets and investment capital, it is to those greater ends that I work.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Daily Covid and Markets Podcast - Thursday June 4 Jun 05, 2020

Show notes

The weekly jobless claims came in at 1.87 million, and continuing claims totaled 21.5 million. We will get the official unemployment number for the month of May from the Bureau of Labor Statistics tomorrow morning. The numbers today were about as bad as expected if not a bit worse, whereas yesterday’s number was exponentially better than expected. More on all of that in tomorrow’s Dividend Cafe!

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Daily Covid and Markets Podcast - Wednesday June 3 Jun 03, 2020

Show notes

The market exploded 527 points higher today, now well past 26,000 on the Dow, and in the high range of our general short term target. REIT’s, financials, and energy names led the way today. And while the question of, “how can markets be going higher when ___” are completely understandable and reasonable, the answer(s) remain no different regardless of how you fill in that blank. First, markets need no reason to do what they do in either direction, ever. Second, they are forward-looking and have incredible knack for shaking off what they know will be out of the news in days if not hours. Third, the Fed. Fourth, the economic re-opening is going very well. And finally, fifth, the Fed.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Daily Covid and Markets Podcast - Tuesday June 2 Jun 02, 2020

Show notes

Early on in the COVID affair my general feeling was that the most ignored yet needed data point was the recovery rate, as first three people I knew tested positive and quickly recovered, then eight, then twenty, then ~thirty, etc. The key timing issue was that a significant portion of the people I knew early on that tested positive were already recovered by the time they got their test results, as back then getting the test, and getting the results, had a nearly ten day lag from the time one initially had symptoms bad enough to warrant getting tested. Here we are nearly three months later and I am sure we have less of a percentage who already recovered by the time they get test results (because of improved testing), but I still strongly suspect “recoveries” are rampant (we intuitively know this, and empirically know it), yet the data has either no way to capture it, or a big lag in capturing it.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected