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American prosperity was built on a foundation of free markets and free people. But, with inflation on the rise and a struggling market, many in America’s political class are attempting to recycle failed socialist ideas and calling for government intervention in nearly every aspect of American life. In this National Review Capital Matters podcast, presented by the National Review Institute, financier David Bahnsen hosts interviews with the nation’s top business leaders, entrepreneurs, and fin ...
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The Dividend Cafe is your portal for market perspective that is virtually conflict-free, rooted in deep philosophical commitments about how capital should be managed, and understandable for all sorts of investors. Host David L. Bahnsen is a frequent guest on CNBC, Bloomberg, and Fox Business. He is the author of the books, Crisis of Responsibility: Our Cultural Addiction to Blame and How You Can Cure It (Post Hill Press), The Case for Dividend Growth: Investing in a Post-Crisis World (Post H ...
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David L. Bahnsen is the founder, managing partner, and Chief Investment Officer of The Bahnsen Group, overseeing $5.3 billion in client assets. Full Time: Work and the Meaning of Life: https://a.co/d/e5LyLKN/// Don't Tread on Anyone podcast ///Domestic Imperialism: Nine Reasons I Left Progressivism: https://libertarianinstitute.org/books/domestic-i…
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Today's Post - https://bahnsen.co/3QOLsna The second quarter of 2024 hit its midpoint this week, and markets have continued with what has been a big rally in the month of May. As earnings season has now concluded and the Fed is sidelined for a bit, we might expect things to chill out for a bit, but markets never sleep, so who knows. But this week’s…
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Market Update and Economic Indicators: A Snapshot In this episode of Dividend Cafe, recorded on Thursday, May 16th, the host provides a summary of the day's market activity, noting a flat day in the markets with a brief touch on 40,000 points on the Dow. Despite a mild decline by the close, bond yields rose slightly, and recent economic indicators …
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Market Update: A Positive Turn with Cooler Inflation Numbers This episode of Dividend Cafe provides a financial market update for Wednesday, May 15th, marking a positive trading day with the Dow up by 349 points and a rally in bonds. The episode highlights a cooler than expected Consumer Price Index (CPI) for April at 0.3%, indicating a positive tr…
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David L. Bahnsen is the founder, managing partner, and Chief Investment Officer of The Bahnsen Group, overseeing $5.3 billion in client assets. Full Time: Work and the Meaning of Life: https://a.co/d/e5LyLKN /// Don't Tread on Anyone podcast /// Domestic Imperialism: Nine Reasons I Left Progressivism: https://libertarianinstitute.org/books/domestic…
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Today's Post - https://bahnsen.co/4afqiVW As I finish up this writing Friday morning the Dow is tracking for its eight consecutive day in positive territory (I have little doubt that my mere typing of that sentence likely jinxed it). The market reversal from April into May can be credited to a combination of: Renewed acknowledgment that regardless …
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Today's Post - https://bahnsen.co/44ut20E The jobs report Friday was the talk of the town, with 175,000 new jobs being created in April, well below the 240,000 estimate. It was the government sector that most missed expectations, with the private sector representing 167,000 of the new jobs. The unemployment rate ticked up to 3.9%. Wages were only u…
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Today's Post - https://bahnsen.co/4bjQ9x6 “Sell in May and go away” became an adage some people love to say in our business, and I really have no idea where it came from. Whenever people ask me if we follow that adage I reply the same as I do about any other “adage” – things that are made up to offer a cute rhyme may not necessarily be the best way…
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Today's Post - https://bahnsen.co/4dd0xsl Economic FrontThe big economic news last week was the 1.6% annualized real GDP growth for Q1 when +2.5% had been expected. The 3.4% of Q4 (again, all these numbers are annualized, which is just how they get discussed) was not going to repeat itself, but 1.6% vs. 2.5% projected and 2.7% in the Atlanta Fed’s …
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Today's Post - https://bahnsen.co/49UmDwH The first thing I will say is that by popular demand, we will be adding back the “What’s on David’s Mind” to the Tuesday/Wednesday/Thursday email blasts starting next week for Dividend Cafe subscribers (and on some days, “What’s on Brian’s Mind”). By and large, the feedback to the newly revamped Dividend Ca…
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In this last installment for Mentor Month, David is joined by his late father, Dr. Greg Bahnsen, who, although he passed away in 1995, left a legacy of material perfect for incorporating into a 2024 podcast. David went through 20+ sermons and lectures from his dad from the 1970s and '80s to assemble a wonderful back and forth on work, and the power…
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Today's Post - https://bahnsen.co/3wbacib Welcome to the new and improved Dividend Cafe. What you see today will be a weekly Dividend Cafe each and every Monday from yours truly, complete with a podcast and video. It has come for years now on Monday, once under the umbrella of “COVID & Markets” and after that under “The DC Today.” We are simply inc…
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Today's Post - https://bahnsen.co/3JLnpSl It has been an interesting week in the market, but as you will see in the first paragraph below it may seem like nothing happened whatsoever. That is more common than people think. Today we visit the state of the U.S. dollar, the “safe haven” of bitcoin, the politics of oil, the nature of contrarian investi…
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David is joined for this third installment of Mentor Month by Lowell Miller, the founder and former head of Miller/Howard Investments, who taught David the philosophy of dividend-growth investing he has held dear for a couple of decades now. Together, they walk through Lowell’s fascinating journey from Rolling Stone poet to leading dividend-growth …
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Today's Post - https://bahnsen.co/3w8tK6R Somewhat of a repeat of yesterdays market action with a positive morning failing to hold momentum and falling off into the close in more consolidation in markets around rates. We did eek out a small gain on the Dow, but the SP500 closed slightly lower for the fifth session in a row. The 2-YR Treasury is bac…
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Today's Post - https://bahnsen.co/3TX5X1I What started off as a positive trading morning, slid negative as the day progressed. Powell’s comments yesterday were debated as to whether he took his ‘Pivot’ from October back. Not to worry, because first, I don’t think he did take it back and two rate cuts are still priced in to Fed futures, and second, …
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Today's Post - https://bahnsen.co/3Q5001u A mixed day of trading between positive and negative all morning and right into the market close with the Dow slightly higher and both the S&P 500 and Nasdaq just below fair value. Rates continue their move higher, with the 10-year up 4 bps and now at the 4.66% level. So aside from what so far has been a to…
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Today's Post - https://bahnsen.co/3Q2J5g8 Against Doomsdayism Where this Iran-Israel atrocity goes from here, what should and should not have been done, what and should not be done, what it will mean for markets and oil prices – all these things notwithstanding, the winner of the weekend appears to be anti-missile defense systems, first pursued by …
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Today's Post - https://bahnsen.co/3JfyXwQ I cannot tell you how much fun it is for me to spend three hours on a Friday morning reading research. Reading when it is dark outside is the single activity that brings me the most joy, and I love the inspiration it fostered for today's Dividend Cafe Links mentioned in this episode:TheDCToday.comDividendCa…
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Domestic Imperialism: Nine Reasons I Left Progressivism: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://libertarianinstitute.org/books/domestic-imperialism-nine-reasons-i-left-progressivism/ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Voluntaryist Handbook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://libertarianinstitute.org/books/voluntaryist-handbook/ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Support the show, PayPal: KeithKnight590@gmail.com or Venmo: …
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David is joined by Larry Kudlow for the second episode in our Mentor Month series. Larry's influence goes beyond the merits of supply-side economics. Whether it is sobriety or civility, temperament or loyalty, style or substance, David couldn’t do much better than striving to be like Larry Kudlow. No one could do much better than striving to be lik…
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Today's Post - https://bahnsen.co/3JfyXwQ A modestly positive day in markets overall today on some better-than-expected PPI numbers following yesterday’s selloff on CPI. So what one-day taketh, another giveth back (well, not quite). The Producer Price Index numbers showed a gain of just .2% for the month on headline when .3% was expected, and the C…
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Domestic Imperialism: Nine Reasons I Left Progressivism: https://libertarianinstitute.org/books/domestic-imperialism-nine-reasons-i-left-progressivism/ The Voluntaryist Handbook: https://libertarianinstitute.org/books/voluntaryist-handbook/ Support the show, PayPal: KeithKnight590@gmail.com or Venmo: @Keith-Knight-34 Odysee: https://odysee.com/@Kei…
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Today's Post - https://bahnsen.co/3PWoA4P A down day in both stocks and bonds today following a disappointment on CPI numbers by one tenth on both Headline and Core, that sent the Dow down XXX points and the 10-year bond yield up .18XXbps. We expected .3% on both and got .4% instead to cause todays action, so on one hand a risk off day as higher ra…
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Today's Post - https://bahnsen.co/4aKgDaL We traded mostly lower the entire day today but then rallied back to fair value the last hour or so of trading. Tomorrow we have CPI out, and with a lack of other meaningful economic data today and right before earnings season heats up later this week, markets were mixed in anticipation. Bonds did rally acr…
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Today's Post - https://bahnsen.co/4aMHEug Economic Front The primary news of the weekend was the 303k new jobs created in March, up by 89k over expectations. A full 232k of that came from the private sector. The two prior months were revised upwards by 22k. The household survey was up huge, as well. The unemployment rate fell to 3.8%. Construction …
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Hijacking Bitcoin: The Hidden History of BTC: https://www.hijackingbitcoin.com/Get you Bitcoin Cash Wallet: https://www.bitcoin.com//////// GUESTS /////Follow Steve Patterson: https://stevepatterson.substack.com/Roger Ver: https://www.rogerver.com//////// Don't Tread on Anyone /////// Domestic Imperialism: Nine Reasons I Left Progressivism: ⁠⁠⁠⁠⁠⁠⁠…
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Hijacking Bitcoin: The Hidden History of BTC: https://www.hijackingbitcoin.com/ Get you Bitcoin Cash Wallet: https://www.bitcoin.com/ /////// GUESTS ///// Follow Steve Patterson: https://stevepatterson.substack.com/ Roger Ver: https://www.rogerver.com/ /////// Don't Tread on Anyone /////// Domestic Imperialism: Nine Reasons I Left Progressivism: ht…
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Today's Post - The stock market dropped this week and it has given me a chance to write a Dividend Cafe about one of my favorite topics – the crucial importance of predicting the future, reading the tea leaves, and all that good stuff. I have strong opinions about people’s talent in such projections and the relevance of such to one’s long-term fina…
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David kicks off “Mentor Month” on Capital Record, a four-part series featuring the four mentors of his life in capital markets, with a discussion with the great Nick Murray, the legendary sage of wisdom to wealth advisers who had such a profound impact on David’s life and career.By David L. Bahnsen, Nick Murray
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Today's Post - Our morning rally in stocks turned decisively negative midday. There was geo-political tension with Iran threatening action after Israel’s strike on Syria and then some mixed messaging from different Fed presidents today that seemed to both contribute to today’s decline. That said, there really wasn’t a whole lot to warrant such a la…
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Today's Post - https://bahnsen.co/3U2mBhF A modestly positive trading day today in markets with both stocks a little higher and the VIX lower following a few down days. ADP payroll numbers for March came in quite strong at 184k, although the actual employment report this Friday will get more attention. Powell had comments out today that reiterated …
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Today's Post - https://bahnsen.co/3JnoIqp Although off the lows for the day, stocks closed down for a second day to start off the new quarter. 10-Year yields have now moved back towards the high end of their four-month range at 4.35%, which is about the level where we have seen markets start to pay more attention which is what today was about. Fed …
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Today's Post - https://bahnsen.co/4cDHCqg There is a lot of good stuff in the podcast today and, as always, we welcome your questions and curiosities. Dividend Cafe looked at a number of things around the Fed, market valuation, inflation, and more on Friday. We have some very exciting things in the works about our plans for daily and weekly content…
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Today's Post - https://bahnsen.co/4cDi2Sq The first quarter of 2024 is in the history books (both because it is done, so therefore now history – and because it was a big quarter with a lot of surprises for market pundits). As you go into your Easter Weekend and enjoy the market holiday that is Good Friday, take a trip around the horn as we look at …
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Domestic Imperialism: Nine Reasons I Left Progressivism: https://libertarianinstitute.org/books/domestic-imperialism-nine-reasons-i-left-progressivism/ The Voluntaryist Handbook: https://libertarianinstitute.org/books/voluntaryist-handbook/ Support the show, PayPal: KeithKnight590@gmail.com or Venmo: @Keith-Knight-34 Odysee: https://odysee.com/@Kei…
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