Market Recap: Modest Moves and Economic Indicators - July 29th
In this episode of Dividend Cafe, Brian Szytel provides an update on market movements for Tuesday, July 29th. The S&P 500 ended its six-day winning streak with a slight decline while the Dow and Nasdaq saw modest changes. The bond market experienced a decrease in 10-year yields, and there are emerging expectations for a potential Fed rate cut in September. The episode also covers recent economic updates including better-than-expected consumer confidence, in-line job openings, and a slight dip in the Case-Shiller home price index. Brian also discusses the topic of corporate trustees in estate planning and the upcoming FOMC meeting and employment data releases. The day was relatively quiet overall, with marginal market movements. Listeners are encouraged to reach out with questions.
00:00 Introduction and Market Overview
00:41 Economic Indicators and Predictions
01:14 Consumer Confidence and Job Market
02:03 Housing Market Update
02:39 Corporate Trustee Discussion
03:18 Upcoming Events and Conclusion
Links mentioned in this episode: DividendCafe.com
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