The Dividend Cafe Monday - May 20, 2024
Daily Recap - Monday - May 20, 2024
The Dividend Cafe · The Bahnsen Group
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Show Notes
Today's Post - https://bahnsen.co/3ypYWzx
We recap market activity on Monday, May 20th. The Dow started positively but lost momentum, closing down 196 points. The S&P and NASDAQ saw modest gains. China's market performance may be indicating an upward trend. Additionally, there was news about a helicopter crash in Iran, potential Middle Eastern tensions, and upcoming OPEC meetings. There are possible changes in capital reserve requirements for U.S. banks, the employee retention tax credit, increased tariffs on China, and the impact of these policies. We look at homeowners and renters in the U.S. Lastly, insights into recent Fed speeches and their stance on inflation and rate adjustments
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com