Shows
The Dividend CafeWhen Lower Inflation HurtsToday's Post - https://bahnsen.co/4tNvJGE
David Bahnsen opens Dividend Cafe after a volatile week marked by a weaker-than-expected GDP report and a Supreme Court ruling striking down President Trump’s tariff rationale under the Economic Emergency Act (with a deeper tariff discussion coming Monday). His core thesis: disinflation is likely in 2026—and it may not feel positive.
He clarifies the difference between inflation (rising prices), disinflation (slower price increases), and deflation (falling prices). Bond markets are signaling softer expectations, with the 10-year Treasury near 4.07% and five-year inflation breakevens around 2.4%, suggesting modest real growth ahea...
2026-02-2025 minThe Dividend CafeAll About the Next Fed Chair Kevin WarshToday's Post - https://bahnsen.co/4rzbhrg
In this episode of the Dividend Cafe, host David Bahnsen discusses the recent appointment of Kevin Warsh as the new Federal Reserve Chairman by President Donald Trump. Bahnsen explores the implications of this decision on monetary policy, sharing his optimistic view of Warsh’s potential impact. He delves into Warsh's background, his stance on key economic issues, and the anticipated effects of his policies on markets and investment strategies. Bahnsen underlines the significance of Warsh's experience, his reformist mindset, and how his pragmatic approach could lead to a reduction in th...
2026-02-0626 minThe Dividend CafeRebalancing: Because Something Always UnderperformsToday's Post - https://bahnsen.co/4toIPdw
In this episode of the Dividend Cafe, host David Bahnsen delves into the importance of portfolio rebalancing, a technique that his practice recently undertook with significant impact. Managing approximately $9 billion in client capital, they executed $530 million of buy transactions and $630 million of sell transactions over six trading days. Bahnsen details the benefits of rebalancing as a powerful risk mitigation tool, a potential return enhancer driven by behavioral finance, and an exercise in humility in the face of market unpredictability. He describes the mathematical simplicity of trimming assets back to their...
2026-01-3023 minThe Dividend CafeMarkets as a Video GameToday's Post -
In this episode of Dividend Cafe, host David Bahnsen delves into the concept of the gamification of financial markets. Bahnsen critiques the modern trend of treating investing as a form of entertainment, likening it to video games and sports betting. He references Neil Postman's book 'Amusing Ourselves to Death' to highlight how societal shifts towards entertainment and quick gratification have impacted serious institutions, including financial markets. Bahnsen warns of the risks involved in trivializing capital allocation and market behaviors, emphasizing that the serious nature of investing should not be compromised by amusement-based tendencies. He...
2026-01-2317 minThe Dividend CafeTuesday - January 20, 2026Today's Post - https://bahnsen.co/3LVimmM
In this special edition of Dividend Cafe, recorded on Tuesday, January 20th, David Bahnsen explores the significant market sell-off that occurred due to unusual political tensions and potential policy changes. The episode focuses on President Trump's controversial intentions regarding Greenland and the subsequent European counter-threats, leading to market volatility. The DOW dropped 870 points, with technology suffering the most. Bahnsen also discusses the performance of the 'Magnificent Seven' tech stocks, market broadening trends, rising bond yields, and ongoing uncertainties. Additionally, he touches on expected topics from President Trump's upcoming Davos speech...
2026-01-2013 minThe Dividend CafeMedia Mergers and Dividend GrowthToday's Post - https://bahnsen.co/4jGkzyW
In this episode of Dividend Cafe, host David Bahnsen explores the critical importance of dividend growth investing, using real-life examples from the media sector's history of mergers and acquisitions. He talks about the recent Netflix's proposed acquisition of Warner Brothers Discovery, recalling the infamous AOL Time Warner merger and the turbulent history of Viacom, Paramount, and CBS. He contrasts these with companies like Comcast that have demonstrated responsible capital return through dividend growth. Bahnsen explains how dividend growth signals management's confidence in their business model and serves as a safeguard...
2026-01-1623 minThe Dividend CafeMonday - January 12, 2026Today's Post - https://bahnsen.co/4jyfdpi
Market Updates, Fed Investigation, and Public Policy Insights - Monday Dividend Cafe
In this Monday edition of Dividend Cafe, David Bahnsen emphasizes the productivity and enjoyment derived from the structured Monday format, which covers key market categories including public policy, economic data, and energy. The episode dives into five significant recent events, including criminal investigations into Fed Chairman Jerome Powell, tweets from President Trump, market reactions, and President Trump's various policy announcements. David also provides a market performance update, specifically mentioning the Dow, S&P 500, and NASDAQ movements...
2026-01-1225 minThe Dividend CafeThe Moment My Life Changed ForeverToday's Post - https://bahnsen.co/4aK1R6X
Honoring a Legacy: Greg Bahnsen's Influence on Investment Philosophy
In this special edition of Dividend Cafe, host David Bahnsen reflects on the legacy of his father, Greg Bahnsen, commemorating the 30th anniversary of his passing. David explores the significant influence his father had on his work at The Bahnsen Group, particularly in investment philosophy and financial advisory. Through personal anecdotes, David discusses his father's dedication to hard work, commitment to first principles, and disdain for relativism, which have all deeply shaped his approach to investment management...
2025-12-1224 minThe Dividend CafeWhy We Do Not Own Bitcoin (and never will)Today's Post - https://bahnsen.co/48ZY57l
Bitcoin Analysis: The Bahnsen Group's Perspective on Cryptocurrency Investing
David Bahnsen hosts the latest episode of Dividend Cafe, where he takes a deep dive into Bitcoin and cryptocurrency investments. Bahnsen discusses the historical volatility of Bitcoin, citing various significant drops over the past decade and its speculative nature. He argues that Bitcoin's extreme fluctuations make it unsuitable as a medium of exchange or a stable store of value. Bahnsen compares Bitcoin to productive assets, explaining why The Bahnsen Group focuses on investments rooted in inherent productivity and...
2025-12-0529 minThe Dividend CafeThanksgiving Edition - November 26, 2025Today's Post - https://bahnsen.co/48jNR1e
Thanksgiving Reflections: A Heartfelt Tribute to The Bahnsen Group
In this special Thanksgiving edition of Dividend Cafe, David Bahnsen, Managing Partner of The Bahnsen Group, shares his gratitude for the various teams and individuals who contribute to the firm's success. Bahnsen highlights the hard work of the content department, the growth and achievements of the tax, planning, risk, and operations departments, and the essential role of the leadership team. He also expresses deep personal thanks to his wife Jolene, the legacy of his late father, and the...
2025-11-2622 minThe Dividend CafeKeeping an AI Bubble from Hurting YouToday's Post - https://bahnsen.co/3LGaAg6
AI Investing Bubble: Unpacking the Risks and Realities
In this week's episode of Dividend Cafe, host David Bahnsen discusses the potential investment bubble surrounding artificial intelligence (AI). Bahnsen explores the phenomenon that started with the rise of ChatGPT in late 2022 and analyzes its implications for investors. He cautions against the euphoria-driven market, emphasizing the risks of high volatility and speculative investments in AI companies like Nvidia and Oracle. Bahnsen underscores the importance of adhering to sound investment principles and avoiding the pitfalls of chasing short-term gains in the...
2025-11-1430 minThe Dividend CafeWhere Do Things Stand With China?Today's Post - https://bahnsen.co/47ogHOD
US-China Trade Deal Updates & Insights from The Bahnsen Group Annual Retreat
In this week's episode of Dividend Cafe, host David Bahnsen reports from The Bahnsen Group's annual retreat in Dallas, Texas. He highlights the team's dedication to client experience and shares updates on the significant US-China trade deal. The discussion covers recent agreements between the two nations, including tariff reductions, market commitments, and cooperation plans. Bahnsen reflects on how market discipline has influenced policy decisions and gives insights on the potential economic impacts. Looking ahead, he hints at...
2025-11-0721 minThe Dividend CafeMonday - November 3, 2025Today's Post - https://bahnsen.co/43Ga1ZR****
Monday Market Recap and Historical Insights - Dividend Cafe with David Bahnsen
In this Monday edition of Dividend Cafe, host David Bahnsen covers a variety of market topics. Bahnsen urges viewers to check out the Friday edition of Dividend Cafe for an in-depth analysis of private markets. He then discusses the day's market fluctuations, highlighting significant movements in the Dow, S&P, and Nasdaq. A fascinating chart on market cap and AI CapEx is recommended for further insights. Bahnsen also shares a historical market trend, noting that...
2025-11-0311 minThe Dividend CafePrivate Markets Trick or Treat?Today's Post - https://bahnsen.co/4qxLxMp
Demystifying Private Markets: Risks, Rewards, and Systemic Implications
In this episode of Dividend Cafe, host David Bahnsen, Chief Investment Officer at The Bahnsen Group, delves into the complexities of private markets, focusing on private credit and private equity. Bahnsen addresses the widespread discussions around the potential opportunities and risks in these markets, arguing that both extreme optimism and pessimism are misguided. He explains the inherent risks associated with higher returns and emphasizes the importance of understanding these investments' systemic implications, even for those not directly invested. Bahnsen also...
2025-10-3134 minThe Dividend CafeThese Are Not Your Parents' Index Funds!Today's Post - https://bahnsen.co/3GV6kYc
Understanding Index Funds and Their Evolution: A Comprehensive Analysis
In this episode of the Friday Dividend Cafe, David Bahnsen, Chief Investment Officer of The Bahnsen Group, delves into the topic of index funds and their evolution over the years. He discusses the impact of index funds on the investment landscape, comparing their performance and risk profile to other investment approaches like dividend growth investing. David examines the significant growth in index fund ownership, changes in the composition of the S&P 500, and the implications of market capitalization-weighted...
2025-10-2435 minThe Dividend CafeAI and the Future of JobsToday's Post - https://bahnsen.co/4nbfO0v
Understanding the Impact of AI on Jobs: A Deep Dive
In this Friday edition of Dividend Cafe, David Bahnsen, managing partner at The Bahnsen Group, explores the impact of artificial intelligence (AI) on jobs and the economy. Recording live from New York City before heading to Nashville, Bahnsen reflects on the intensive research and writing process for this episode. He addresses both the historical precedents set by the Industrial and Digital Revolutions and dispels fears about AI-induced mass job displacements. Instead, he emphasizes that AI will augment...
2025-10-1735 minThe Dividend CafeInvestment Conviction in a Time of “Revolution”?Today's Post - https://bahnsen.co/3KCGbir
Unpacking the AI Revolution: Investment Philosophies and Realities
In this episode of Dividend Cafe, David Bahnsen, Chief Investment Officer at The Bahnsen Group, explores the current excitement surrounding AI investments. Bahnsen contrasts contrasting perspectives from investment experts and delves into the cyclical nature of AI-driven market trends. He emphasizes the importance of adhering to a disciplined investment philosophy, particularly dividend growth investing, even amid the AI craze. Through an analysis of market dynamics and speculative risks, David outlines three potential scenarios for AI investments and underscores the need...
2025-10-1030 minThe Dividend CafeSome Invigorating Takeaways from our Week with the Greatest Minds on Wall StreetToday's Post - https://bahnsen.co/3IQOTsJ
Insights and Takeaways from a Week of Meetings in NYC
In this week's Dividend Cafe, David Bahnsen, managing partner and CIO at The Bahnsen Group, recaps key insights from a week of high-level meetings with asset management partners, hedge funds, and private market managers in New York City. Reflecting on the history of these annual gatherings, David discusses the intense debates about AI, the nuances of private market investing, the low conviction on the state of the economy, and the implications of tight credit spreads. Additionally, he delves...
2025-10-0320 minThe Dividend CafeExceptional Markets Require an Exceptional Economic FrameworkToday's Post - https://bahnsen.co/42ckcVf
Embracing Risk for Economic Prosperity in the United States
In this week's episode of Dividend Cafe, David Bahnsen, Chief Investment Officer at The Bahnsen Group, discusses the crucial role of risk-taking and free enterprise in driving the unparalleled economic growth and prosperity of the United States. Drawing on his experience teaching honors economics at Pacifica Christian High School, David emphasizes the importance of defending the competitive advantages and principles that have historically given the U.S. a leading investment edge. He warns against the trend of moving away...
2025-09-0525 minThe Dividend CafeFinally Some Perfect Clarity about InflationToday's Post -
Understanding Inflation: Beyond the Headlines
In this episode of Dividend Cafe, host David Bahnsen dives deep into the topic of inflation. He discusses the impact of tariffs on the economy, the misunderstanding about inflation, and its broader economic implications. Bahnsen revisits the last 25 years of inflation data, highlighting the differences in price changes across various sectors, such as housing, healthcare, and higher education. He explains how government subsidies have influenced these sectors and emphasizes the importance of understanding economic fundamentals over short-term political narratives. Bahnsen provides a comprehensive economic analysis, differentiating between...
2025-08-1523 minThe Dividend CafeMonday - August 11, 2025Today's Post - https://bahnsen.co/4lkaas5
Monday Market Rundown & Economic Insights - Dividend Cafe with David Bahnsen
In this Monday edition of the Dividend Cafe, David Bahnsen from The Bahnsen Group provides a comprehensive market update and economic analysis. Key topics include Nvidia's significant market impact, President Trump's upcoming meeting with Vladimir Putin, and developments in the semiconductor tariffs with China. The episode also covers the overall performance of major market indices, notable policy changes, and the state of the housing market and Federal Reserve actions. Additionally, Boson addresses recent market dynamics, including the...
2025-08-1113 minThe Dividend CafeEconomic Forecasting for Non-AstrologersToday's Post - https://bahnsen.co/46I7eBQ
The Futility of Economic Forecasting and the Current State of the Economy
In this week's Dividend Cafe, host David Bahnsen, Managing Partner and Chief Investment Officer at The Bahnsen Group, discusses the limitations and challenges of economic forecasting, especially for investors. He underscores the difficulty of making accurate economic predictions and linking them to investment outcomes. Bahnsen critiques economic forecasting through various perspectives, including a quote from economist John Kenneth Galbraith, and highlights the complexities of interpreting present economic conditions, such as jobs data, trade levels, and...
2025-08-0823 minThe Dividend CafeHow Should the Trump Tariffs Be Assessed?Today's Post - https://bahnsen.co/4fr9T5i
Analyzing Trump Tariffs and Their Economic Impact
David Bahnsen, Managing Partner and Chief Investment Officer of The Bahnsen Group, delves into the Trump tariffs in this episode of Dividend Cafe. He explores the complexity and ambiguity surrounding the tariffs, their impact on the economy, and the real-time media and political narratives that shape public opinion. Emphasizing objective economic analysis, Bahnsen discusses the uncertainties in market reactions, potential declines in corporate profits, and the long-term economic outcomes of these trade policies. He stresses the importance of evaluating...
2025-08-0128 minThe Dividend CafeMonday - July 28, 2025Today's Post - https://bahnsen.co/4m0KxNO
Market Update & European Union Trade Deal - Dividend Cafe
In this Monday edition of Dividend Cafe, David Bahnsen, Chief Investment Officer of The Bahnsen Group, discusses a range of market updates and economic observations from his office in New York City. He highlights the flat performance of major indices amidst the European Union trade deal news, the surprising low volatility, and the record number of S&P 500 companies above their 200-day moving average. Bahnsen also touches on upcoming earnings reports from major tech firms, bond market movements...
2025-07-2814 minThe Dividend CafeThe Reality of American ManufacturingToday's Post - https://bahnsen.co/3GV6kYc
The Complex Landscape of American Manufacturing: Jobs, Economy, and Policy
In this episode of Dividend Cafe, host David Bahnsen delves into the multifaceted issue of manufacturing in America, exploring its economic significance and impact on investors. David examines the common misconceptions surrounding manufacturing jobs and productivity, highlighting how advances in technology and efficiency have reshaped the sector. He discusses the interplay between tariffs, economic policies, and the labor market, and critically evaluates the notion that economic growth should necessarily aim to maximize manufacturing employment. With a series...
2025-07-2530 minThe Dividend CafeWar, the Middle East, and MarketsToday's Post - https://bahnsen.co/4keWgqq
Middle East Geopolitical Tensions and Market Unpredictability
In this episode of Dividend Cafe, host David Bahnsen discusses the recent geopolitical events in the Middle East, particularly Israel's and the US's actions against Iran's nuclear capabilities. Despite predictions of market volatility, equity markets have risen, and oil prices have fallen, illustrating the inherent unpredictability of market responses. Bahnsen emphasizes the importance of maintaining an objective investment philosophy, specifically dividend growth investing, amidst such unpredictable events. He argues against trying to time the market based on geopolitical developments and underscores...
2025-06-2720 minThe Dividend CafeAssessing the State of Our Economy (and theirs)Today's Post - https://bahnsen.co/3YrZrDi
Navigating Economic Uncertainty and Market Volatility
In this week's episode of Dividend Cafe, host David Bahnsen, managing partner and chief investment officer at The Bahnsen Group, discusses the latest market volatility and economic data. David delves into the nuances of the S&P 500's performance in April, the implications of the Bureau of Labor Statistics' labor report, and the complexities of GDP measurements. He provides insights on the potential for a recession in Q2, implications of U.S.-China trade relations, and the broader economic impact of tariffs...
2025-05-0223 minThe Dividend CafeSPECIAL EDITION - Monday, April 7, 2025Today's Post - https://bahnsen.co/4cjJgxq
Monday Market Turmoil: Navigating Violent Sell-offs and Volatility
In this special edition of the Monday Dividend Cafe, David Bahnsen, Chief Investment Officer at The Bahnsen Group, discusses the recent market turmoil caused by unexpected White House tariff announcements. He explains the subsequent violent sell-offs and significant volatility in markets, diving into the effects on various indexes, sector performances, and global markets. Bahnsen also touches on the lack of clarity in government messaging and its impact on market stability. Lastly, he offers insights on the importance of patience and...
2025-04-0818 minThe Dividend CafeThe Wrong Kind of Liberation DayToday's Post - https://bahnsen.co/3RxoTDn
Market Turmoil and Tariff Troubles: A Different Liberation Day
In this episode of Dividend Cafe, we reflect on a turbulent week in the markets overshadowing The Bahnsen Group's 10th anniversary celebration. Host David Bahnsen discusses unexpected economic challenges, including severe market volatility and newly announced tariffs by the Trump administration. The episode details how these tariffs, intended to address trade imbalances, could significantly harm the U.S. economy, potentially leading to a recession. Bahnsen provides an in-depth analysis of these tariffs' potential impacts on various sectors, emphasizing the...
2025-04-0421 minThe Dividend CafeThursday - April 3, 2025Market Meltdown: Analysis of the Worst Day Since 2020
David Bahnsen, Chief Investment Officer at The Bahnsen Group, discusses the significant market downturn experienced on April 2nd, marked as the worst day since the COVID-19 pandemic's initiation. The episode addresses the impact of recent announcements from the White House that led to substantial market drops: Dow down nearly 1700 points, S&P 500 down almost 5%, and Nasdaq down 6%. Bahnsen explores potential future scenarios, including the imposition or relaxation of tariffs and their economic implications, predicting either a certain recession or a midyear mild recession based on current policy trajectories. Further...
2025-04-0305 minThe Dividend CafeFive Things that Matter and Don't MatterToday's Post - https://bahnsen.co/4blxIsZ
Navigating Market Valuations and Key Economic Issues
In this week's Dividend Cafe, David Bahnsen, Managing Partner of the Bahnsen Group, delves into five critical themes that dominate current market and investor discussions. These themes include market valuations, concentration risks, AI investments, tariff policies, and tax reforms. David explores why these issues matter and offers insights into their potential impacts on investments, while also discussing why some concerns may be overblown. He emphasizes the importance of principle-driven investment strategies that transcend headlines and unpredictable events. Tune in for a...
2025-02-2822 minThe Dividend CafeThe Politics of InflationToday's Post - https://bahnsen.co/3XeLSqd
Understanding Inflation: Political vs. Economic Perspectives in Dividend Cafe
In this episode of Dividend Cafe, host David Bahnsen discusses the complexities of inflation, distinguishing between its political and economic aspects. Broadcasting from a hotel in Orlando, he shares insights from his study of inflation's impact on economic growth and policy, citing influences like Milton Friedman and Japan's economic strategies. Bahnsen explains the difference between politically sensitive items like gas and housing prices, and broader economic inflation driven by money supply. He touches on the role of tariffs, interest...
2025-02-2115 minThe Dividend CafeBeautiful or Terrible Tariffs: A Truth BombToday's Post - https://bahnsen.co/4hrygzX
Deconstructing Tariffs: Economic Impacts and Investor Insights
In this episode of The Dividend Cafe, host David Bahnsen, managing partner at The Bahnsen Group, delves into the complex topic of tariffs. Exhausted by the politicization and ambiguity surrounding tariffs, Bahnsen aims to deconstruct the economic impact of recent tariff actions and the risks for investors. He discusses the events of the past week, including the latest announcements of tariffs on imports from Mexico, Canada, and China, and their market implications. Highlighting the conflicting messages from the U.S. administration...
2025-02-0725 minThe Dividend CafeSpecial Tariff Monday - February 3, 2025Today's Post - https://bahnsen.co/42GZ7TT
Tariff Monday: Analyzing Recent Tariff Developments
In this special 'Tariff Monday' episode of the Dividend Cafe, host David Bahnsen discusses the recent escalation in tariff declarations by President Trump. The episode covers the impact of these announcements on the stock market, including significant drops in the Dow, S&P, and Nasdaq. Bahnsen explains the invocation of the International Economic Emergency Powers Act for imposing tariffs on imports from Mexico, Canada, and China. He also delves into the economic implications and potential legal challenges surrounding these tariffs, while...
2025-02-0314 minThe Dividend CafeMonday - January 27, 2025Today's Post - https://bahnsen.co/3PX2z5a
NVIDIA news: https://www.investors.com/news/technology/deepseek-ai-stocks-nvidia-artificial-intelligence-capital-spending/
Market Volatility and AI Rivalry: Deep Dive into NVIDIA's Impact
In this episode of Monday Dividend Cafe, David Bahnsen discusses a highly volatile day in the market, marked by a significant dip in NASDAQ despite a Dow Jones increase. Central to the discussion is the introduction of China's DeepSeek AI tool, which challenges the dominance of NVIDIA's high-end chips, raising questions about the future of AI chip investments. Bahnsen also covers market reactions, sector performances...
2025-01-2713 minThe Dividend CafeA Week to RememberToday's Post - https://bahnsen.co/3PKDFpp
The top-performing sector throughout the entire Biden Presidency? ENERGY
The weight of the entire energy sector right now in the entire S&P 500? 3.2%
The weight of Apple in the S&P 500? 7.6%
The weight of Microsoft in the S&P 500? 6.3%
So every energy company put together in the S&P 500 is worth well less than half of Apple and basically right at half of Microsoft.
And this comes AFTER Energy was up +284% over the last four years, compared to the second place +120% performance in Technology.
Source: *Factset January 22, 2025
President...
2025-01-2423 minThe Dividend CafeTuesday - January 21, 2025Market Updates and Team Meetings: Insights from Dividend Cafe
In this episode of Dividend Cafe, hosted by Brian Szytel from The Bahnsen Group's Newport Beach office, the discussion covers market activity following the Martin Luther King Jr. holiday. Key points include a significant rebound in the Dow Jones, S&P 500, and NASDAQ indices, observations on corporate margins, particularly in the financial sector, and the impact of potential policy changes on the market. The episode also highlights a quiet economic week, leading economic indicators to be discussed later, and The Bahnsen Group's annual team meeting aimed at enhancing...
2025-01-2106 minThe Dividend CafeBessent in Treasury and Rally in MarketsToday's Post - https://bahnsen.co/4jiEHqh
Market Insights: Scott Bessent's Impact as Incoming Treasury Secretary and Recent Market Trends
In this episode of Friday Dividend Cafe, host David Bahnsen discusses the imminent arrival of Scott Bessent as the next U.S. Treasury Secretary and the implications of his policy perspectives on market realities. Recorded on January 17th, 2025, Bahnsen highlights the week's significant market fluctuations, the importance of the 10-year bond yield, and the nuanced role of tariffs and currency in trade talks. He also addresses fiscal policies, including debt ceiling discussions and tax cut...
2025-01-1727 minThe Dividend CafeMonday - January 13, 2025Today's Post - https://bahnsen.co/4ai49bd
Monday Market Insights with David Bahnsen
In this episode of Monday Dividend Cafe, David Bahnsen, Managing Partner at The Bahnsen Group, discusses the volatile market conditions one week before the inauguration of Trump's second term. Key topics include the recent market sell-off, sector performance, bond yields, and economic indicators. Bahnsen also delves into the potential impact of public policy changes, including tax alterations and the proposed Department of Government Efficiency. Additionally, he addresses the challenges of bipartisan legislation, updates on job creation, and the implications of rising...
2025-01-1320 minThe Dividend CafeYear Ahead, Year Behind - Special 2025 White PaperToday's Post - https://bahnsen.co/408hG0t
Dividend Cafe: Reflections on 2024 and Forecasts for 2025
David Bahnsen, managing partner of The Bahnsen Group, presents The Dividend Cafe annual year behind, year ahead white paper. He reviews the major economic events of 2024, including market performance, the Federal Reserve's actions, and the impact of political changes. The discussion includes an evaluation of predictions made for 2024 and offers insights and forecasts for the economic themes and market trends expected in 2025. Bahnsen underscores the importance of key factors such as tariff volatility, tax policy changes, and potential improvements in...
2025-01-1054 minThe Dividend CafeDC Foibles and Difficult Market CallsToday's Post - https://bahnsen.co/4fEhs76
Navigating Market Dynamics and Political Impacts: A 2025 Kickoff
In this inaugural 2025 episode of Dividend Cafe, David Bahnsen, Managing Partner at The Bahnsen Group, discusses several key topics, including the challenges posed by macro-driven market calls and the complexities of the U.S. House Speaker situation with a potential market impact. David also critiques the bipartisan opposition to the Nippon Steel–U.S. Steel deal, reflecting on the broader implications for American capital markets. The episode sets the stage for the upcoming Year Behind, Year Ahead White Paper, highlighting pa...
2025-01-0320 minThe Dividend CafeDown Eight Days in a RowToday's Post - https://bahnsen.co/41DntgN
Market Trends, Policy Insights, and Financial Updates - 1000th Episode Special
In this special 1000th episode of The Dividend Cafe, David Bahnsen, managing partner of The Bahnsen Group, covers recent market movements, including an eight-day market selloff and insights on various indices. He discusses recent appearances and interviews, including one on Fox Business about President Trump's negotiations with the Longshoremen's Union. The episode also delves into the impact of potential tax policy changes, specifically the SALT deduction cap, and updates on regulatory developments from the Consumer Financial Protection...
2024-12-1618 minThe Dividend CafeTariffs, the Dollar, Pete Navarro, and YouToday's Post - https://bahnsen.co/4glLb5A
Election Updates, Economic Appointments, and Market Analysis
In this episode of The Dividend Cafe, David Bahnsen discusses recent economic appointments in the Trump administration, their potential impacts on markets and regulations, and compares current and potential future policies on trade, tariffs, and taxes. Notable mentions include Paul Atkins’ appointment to the SEC, Kelly Loeffler heading the SBA, and David Perdue as U.S. Ambassador to China. Bahnsen also analyzes market trends, bond yields, and economic indicators for the upcoming year.
00:00 Introduction and Weekly Update
...
2024-12-0617 minThe Dividend CafeThe Dividend Cafe Monday - December 2, 2024Today's Post - https://bahnsen.co/4iiTYHk
Market Reactions, Economic Updates, and Policy Implications: December Kickoff
In this episode of Dividend Cafe, David Bahnsen reflects on a successful Thanksgiving weekend and assesses the recent positive trends in the market, particularly in November. He explains the impact of the election, economic optimism, and the Federal Reserve’s stance on the market's performance. Bahnsen also provides insights into various sectors, including technology, financials, and utilities, and notes the impressive breadth of the market. He previews his upcoming year-end white paper. The episode also discusses changes in the bo...
2024-12-0220 minThe Dividend CafeThanksgiving EditionToday's Post - https://bahnsen.co/498COrs
Thanksgiving Reflections at Dividend Cafe
In this special Thanksgiving edition of Dividend Cafe, David Bahnsen, managing partner and founder of The Bahnsen Group, shares his gratitude for clients and team members. He highlights the unique culture and growth of the organization, thanking key leaders and departments for their hard work and dedication. Bahnsen also reflects on the intellectual journey of creating content and emphasizes the importance of client-centric values. He concludes with personal thanks and well wishes for a happy Thanksgiving.
00:00 Welcome to the Thanksgiving Edition...
2024-11-2715 minThe Dividend CafeThe Dividend Cafe Monday - November 25, 2024Today's Post - https://bahnsen.co/4eLbosP
Thanksgiving Week Market Recap and Key Economic Updates
In this Monday edition of Dividend Cafe, David Bahnsen, managing partner at The Bahnsen Group, presents a market breakdown and discusses significant economic events. The Dow sees a noteworthy rise of 440 points while the bond market experiences a significant drop in rates. Bahnsen also shares insights on sector performances, the positive sentiment in U.S. households regarding stock returns, and Scott Bessing's nomination as the next treasury secretary. Other appointments and economic policies are examined, along with market sentiment surveys...
2024-11-2514 minThe Dividend CafeMarket Momentum as a Reason for Thanks, or FearToday's Post - https://bahnsen.co/491vGxa
Thanksgiving Special: Index Investing and Its Impact
In this episode of The Dividend Cafe, David Bahnsen, Managing Partner at The Bahnsen Group, discusses the implications of index investing on non-index investors, especially those following a philosophy of active investment focusing on dividend growth stocks. Bahnsen explores the mathematical realities of index investing, how its growing concentration affects market volatility and liquidity, and why it poses both challenges and opportunities for active managers. Additionally, he touches on current economic updates, the rationale behind Gen Z's financial perspectives, and the...
2024-11-2223 minThe Dividend CafeThe Dividend Cafe Monday - November 18, 2024Today's Post - https://bahnsen.co/4fUvrpK
Monday Market Recap and Current Economic Updates
In this Monday edition of Dividend Cafe, David Bahnsen delivers a comprehensive summary of the market's current state, noting that the Dow closed the day down by 55 points while the S&P and NASDAQ saw slight gains. The segment highlights the top-performing energy sector and provides details on bond yields, including the noteworthy un-inversion of the yield curve for the first time in two years. David touches on the financial influence of the 'Magnificent Seven' companies on the S&P 500, and...
2024-11-1914 minThe Dividend CafeA Comprehensive Post-Election CommentaryToday's Post - https://bahnsen.co/3CrSyd5
A Comprehensive Post-Election Analysis and Market Implications
In this special episode of Dividend Cafe, David Bahnsen, Managing Partner at The Bahnsen Group, delivers an in-depth post-election recap and its market implications. David analyzes the recent election results, focusing on the anti-incumbency trend, significant political appointments, and their potential impacts on various sectors, including energy and pharmaceuticals. He discusses key expected legislative priorities, such as tax reforms and regulatory changes, and evaluates their probable effects on the market. The episode concludes with insights into the economic backdrop and valuation...
2024-11-1525 min
Ideas Have ConsequencesCrisis of Responsibility: Our Cultural Addiction to Blame and How You Can Cure It with David BahnsenThe world is witnessing a revolt against elitism, with growing resistance to big government, media, banks, and institutions. But what comes after these “bogeymen” are toppled? Is opposing corruption, bias, and cronyism enough, or is there a deeper issue at play?In this episode, leading financial advisor and author David Bahnsen discusses the crisis of responsibility in a culture increasingly defined by blame and victimhood. He argues that true prosperity requires a return to personal accountability and virtue, with a focus on creating institutions that foster responsibility, rather than relying on external solutions.
2024-11-1349 minThe Dividend CafeThe Election Results and What to Expect, Part 1Today's Post - https://bahnsen.co/3NZ3m4H
Post-Election Analysis: Market Implications and Policy Expectations
In this post-election edition of Dividend Cafe, host David Bahnsen, managing partner at The Bahnsen Group, delves into the election results and their potential impacts on markets and policies. Bahnsen discusses the anticipated appointments in the Trump administration, the importance of personnel in shaping policy, and the likely economic outcomes such as tax policies, deregulation, and energy sector changes. He also touches on foreign policy issues like Ukraine, the stability of financial markets, and the role of regulatory bodies...
2024-11-0822 minThe Dividend CafeThe Dividend Cafe Monday - November 4, 2024Today's Post - https://bahnsen.co/3Ao6vbh
Market Insights & Election Uncertainty: Navigating the Week Ahead
In this episode of Monday's Dividend Cafe, David Bahnsen, Chief Investment Officer and Managing Partner at The Bahnsen Group, discusses market activity, public policy, the Federal Reserve, housing, and economic data ahead of the upcoming election. He highlights market volatility and the uncertainty surrounding closely contested elections, with battleground states showing tight polling results. He addresses current economic indicators such as job creation, bond yields, and the performance of different market sectors. Bahnsen also comments on China’s housing ma...
2024-11-0413 minThe Dividend CafeBipartisan is Not Always Good For MarketsToday's Post - https://bahnsen.co/3UxOxda
Election and Economic Insights: November Dividend Cafe with David Bahnsen
In this episode of Dividend Cafe, David Bahnsen, Managing Partner at The Bahnsen Group, discusses key topics as the U.S. approaches the 2024 election. From his New York City office, David addresses the outlook of the election, the future role of tariffs, and the influence of the Federal Trade Commission and its Commissioner, Lina Khan. He explores potential impacts on monetary policy and the Federal Reserve's actions, commercial real estate loans, and the implications of a Trump or...
2024-11-0121 minThe Dividend CafeThe Dividend Cafe Monday - October 28, 2024Today's Post - https://bahnsen.co/4hkQJOZ
In this episode, David Bahnsen, Chief Investment Officer at The Bahnsen Group, provides a detailed market recap, highlighting the recent rise in the Dow, S&P, and NASDAQ, and increases in bond yields. He mentions NVIDIA's impressive market cap and sector performances, noting financials' gains amid declines in energy. Bahnsen also shares insights into the upcoming U.S. election, drawing parallels with Japan's parliamentary changes, and discusses global public policy, economic data, and energy production. Additionally, the episode covers significant health advancements, including malaria eradication in Egypt, and discusses the...
2024-10-2812 minThe Dividend CafeA Special ELECTION Q&A EditionToday's Post - https://bahnsen.co/3UiSoe3
Navigating Market Dynamics Amidst the 2024 Election: Insights and Strategies
In this special edition of Dividend Cafe, David Bahnsen delves into the 2024 election's potential market impacts, answering viewer questions about various outcomes, such as a Trump or Harris win with a Republican Senate. The discussion highlights the difficulty of predicting market reactions to election results, touching on speculative sectors like crypto and private prisons, and advising against short-term trading based on predictions. The episode also explores the economic implications of tariffs, the interplay between gas prices and elections, and...
2024-10-2530 minThe Dividend CafePractically Dealing with an Expensive MarketToday's Post - https://bahnsen.co/48eT1eh
Navigating Market Valuations and Strategic Investments Amid Election Outcomes
In this week's Dividend Cafe, David Bahnsen from The Bahnsen Group examines the complexities of market valuations, focusing on the significance of the price to earnings ratio and the importance of sector-specific valuations. He discusses the implications of holding heavily weighted indexes like the S&P 500, emphasizing the need for understanding one's investment strategy, especially in the context of market-wide and sector-specific overvaluation. The episode also explores the concept of dividend growth investing and differentiates between valuation and...
2024-10-1821 minThe Dividend CafeA Consideration Being MissedToday's Post - https://bahnsen.co/3Y5HlWw
Strategic Acquisitions and Private Markets: Insights from Dividend Cafe
In this episode of Dividend Cafe, David Bahnsen, managing partner at the Bahnsen Group, discusses various financial and investment themes. He covers the importance of his firm's week-long meetings with portfolio managers in New York, where they engaged in portfolio introspection, macroeconomic discussions, and considered potential opportunities and risks. Major topics include inflation, subdued growth expectations due to 'Japanification', and rich stock market valuations with concentrated sector impacts. The focus then shifts to strategic acquisitions in private markets...
2024-10-1119 minThe Dividend CafeThe Dividend Cafe Monday - October 7, 2024Today's Post - https://bahnsen.co/4dAvbL5
Dividend Cafe: Market Insights and Global Events Impact
On this Monday edition of Dividend Cafe, David Bahnsen, Chief Investment Officer of the Bahnsen Group, discusses significant market trends and global events affecting the economy. He covers various topics including the recent jobs report, market performance, especially in tech stocks and IPO activity, and the dynamics of monetary policy with a focus on upcoming Fed rate decisions. The episode delves into dividend growth investing, highlighting the evolving role of dividends and stock buybacks in total returns and dives into...
2024-10-0718 minThe Dividend CafeAffected by China Unwillingly and UnknowinglyToday's Post - https://bahnsen.co/4gJcvvo
China's Market Shift and Economic Challenges
In this episode of Dividend Cafe, David Bahnsen discusses recent developments concerning China's economy and market performance. Bahnsen highlights China's underperformance in comparison to the S&P 500 and the subsequent market rally triggered by policy interventions from the Chinese government. Key issues in China include declining GDP growth, high youth unemployment, and a housing market crisis affecting economic stability. The Chinese government is addressing these challenges with monetary policy changes, including rate reductions and increased public debt. Bahnsen explains how these measures...
2024-10-0416 minThe Dividend CafeSPECIAL ISSUE: 2024 ELECTION EDITIONToday's Post - https://bahnsen.co/480e8kF
Election 2024: Market Implications and Historical Insights
In this week's special edition of Dividend Cafe, David Bahnsen, managing partner of the Bahnsen Group, provides in-depth political and market commentary ahead of the 2024 election. He discusses the historical implications of different political parties on market performance, the impact of potential election outcomes, and his insights as a lifelong conservative. David emphasizes the resilience of markets regardless of political control, the importance of gridlock, and the nuanced effects on various sectors such as energy and financials. He also highlights the...
2024-09-2732 minThe Dividend CafeThe Wrong Way to ThinkToday's Post - https://bahnsen.co/3XqVRYF
Navigating the Investor Mindset: The Challenge of Mainstream Versus Conviction-Based Investing
In this week's episode of 'Dividend Cafe,' David Bahnsen, the managing partner of The Bahnsen Group, discusses the philosophical and practical challenges of growth investing in tech-heavy markets. He recounts a conversation with Rajiv, a seasoned growth manager, who argues against the mentality of 'closet indexing' and stresses the importance of sticking to one's investment convictions. David further elaborates on the impact of tech sector weighting on market performance, the historical context of homeownership rates, and...
2024-09-1321 minThe Dividend CafeWhat Have They Come Up With Now?Today's Post - https://bahnsen.co/4cOxt92
Understanding Single Stock ETFs and the Demand-Side Dynamics in Investing
In this week's episode of Dividend Cafe, David Bahnsen, recording from New York City, delves into the concept of single stock ETFs. Despite not recommending such financial products, the discussion highlights the importance of understanding them from a philosophical perspective about investing, human nature, and the intersection of supply and demand. David criticizes these products as tools for high-risk, intraday speculation but argues against banning them, focusing instead on the demand side as a solution to financial recklessness...
2024-09-0616 minThe Dividend CafeThe Dividend Cafe Tuesday - September 3, 2024Today's Post - https://bahnsen.co/4cXvPC2
https://www.cnbc.com/2024/09/03/nvidia-tumbles-leading-chip-stocks-lower.html
Market Recap: Tech Sell-off and Economic Data Analysis
In this edition of Dividend Cafe, David Bahnsen, Chief Investment Officer at the Bahnsen Group, provides an update on market performance for the Tuesday, September 3rd, following the Labor Day holiday. Bahnsen discusses the significant downturn in the major indexes with the S&P 500 down 2.1%, NASDAQ down 3.25%, and the Dow Jones down 1.5% due to a tech-driven sell-off led by semiconductor stocks like NVIDIA. He also covers the mixed economic data, including the...
2024-09-0311 minThe Dividend CafeA Market Breakdown Like No OtherToday's Post - https://bahnsen.co/3Mopc0V
Market Reflections and Fall Excitement: Insights from The Bahnsen Group
In this week's episode of Dividend Cafe, David Bahnsen, Managing Partner at The Bahnsen Group, reflects on 16 years of delivering market insights and the significance of the upcoming September. Bahnsen discusses the end of summer, the start of USC football, and significant market movements throughout August, including the surprising resilience of defensive sectors. He explores the broader economic context, the impact of potential Fed rate cuts, and the looming concerns of national debt. Bahnsen also previews his...
2024-08-3021 minThe Dividend CafeShow Me The ConfirmsToday's Post - https://bahnsen.co/3TfUkDJ
Market Volatility and the Principles of Dividend Growth Investing
In this episode of the Dividend Cafe, host David Bahnsen, Chief Investment Officer and Managing Partner at The Bahnsen Group, discusses recent market volatility, emphasizing the importance of adhering to sound investment principles amid market fluctuations. Bahnsen reflects on a significant 6% drop and subsequent recovery in the market within a week, underlining the unpredictability of market movements. He advocates for dividend growth investing as a resilient strategy that benefits from market volatility through disciplined reinvestment. Bahnsen also briefly touches...
2024-08-1618 minThe Dividend CafeThe Uncrowded Part of the BoatToday's Post - https://bahnsen.co/3WFB835
Ringing the NYSE Bell & Analyzing the Yen Carry Trade
In this week's episode of Dividend Cafe, David Bahnsen, Chief Investment Officer at Bahnsen Group, shares his firsthand experience of ringing the opening bell at the New York Stock Exchange. David discusses the week's significant market movements, including the impact of the yen carry trade and the resulting volatility across global markets. He explains the complex financial mechanisms behind the yen carry trade and its ramifications on market behaviors. David also stresses the importance of understanding one’s temperament in...
2024-08-0918 minThe Dividend CafeCareer Risk vs. Fiduciary DutyToday's Post - https://bahnsen.co/3zvzPeU
Navigating Market Realities and Counter-Cultural Investing
In this episode of Dividend Cafe, recorded in Dallas, Texas, David Bahnsen discusses his recent travels to various cities before heading back to New York City. The main focus is on the pitfalls within the money management industry, highlighting issues like index hugging and career-centric over fiduciary-centric decision-making. The script delves into the moral and practical shortcomings of passive and active management practices, especially in the face of market overvaluations and sector disparities. Additionally, it touches on energy sector trends, the implications...
2024-06-2817 minThe Dividend CafeArtificial Intelligence and The Bahnsen GroupToday's Post - https://bahnsen.co/3KSRGPp
Navigating AI Investments: Lessons from the Dividend Cafe
In this episode of the Dividend Cafe, recorded live from Atlanta, Georgia, David discusses the topic of artificial intelligence (AI) and its impact on investments. He explains why AI hasn't been a major focus of Dividend Cafe, despite its prominence in media and financial conversations. The discussion delves into the distinctions between AI's backbone companies and those utilizing AI, drawing historical parallels to the internet boom of the 1990s. The episode outlines ten principles to understand and navigate AI investments...
2024-06-2127 minThe Dividend CafeIn Theory but not in PracticeToday'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 of when the Fed begins cutting rates they have made it reasonably clear they are done hiking rates, and
Marginally improved financial markets liquidity in the present tense and with a vision to the...
2024-05-1017 minThe Dividend CafeDividend Logic vs. Speculative MadnessToday's Post - https://bahnsen.co/4924jl3
Predictions are fun. They are not, though, at the heart of the investment business. They can be very important in the methodology and process of some speculators, and they can even be marginally additive for some investors. But “predictions” are not quite the same as “calculations,” and they are categorically different from “belief systems.” At the core of all good investors lies a philosophy. I find it an unimprovable joy in life to study the investing philosophies of great investors. I never, ever, ever find one who relies on “feel” or “just has tha...
2024-03-2216 min
On the HookDr. Greg Bahnsen and WorkDavid goes through countless sermons and lectures from his late father, renowned 20th century theologian and philosopher, Dr. Greg Bahnsen, to look at his theology of work, rest, and productivity. What he finds is prescient, prophetic, and powerful. And the model David’s dad set for him was, well, full-time!
Links mentioned in this episode:
https://fulltimebook.com
https://bahnsen.com
2024-03-1545 minIdeas Have ConsequencesFull-Time: Work and the Meaning of Life with David BahnsenWe have an active, working, creative God who created humanity to be like Him. As such, our daily work should be a source of meaning and purpose in our lives. Yet, even among believers, work is often approached as a burden that remains an unfortunate means to a better end, like the weekend or even retirement.In contrast, the Bible often equates our work with our worship. When did we forget this? Over the last decade, the rate of prime-aged men in the U.S. not working has been lower than it was during the Great Depression...
2024-02-1454 minThe Dividend CafeTo Care about Investors is to Care about WorkToday's Post - https://bahnsen.co/42BoynY
It’s been a whirlwind of a week, and today is going to be a whirlwind of a Dividend Cafe. I came into my writing this morning with two or three topics to choose between, and I settled on “all of the above, plus several more.” I’ll leave the introduction short so we can get right into it. Between earnings season, a certain crux in the geopolitical moment, potential (likely?) new tax legislation, a modest market re-pricing of revised Fed expectations, some company considerations in our own portfolio management, and a pl...
2024-02-0921 minThe Dividend CafeThe DC Today - Wednesday, October 18, 2023Today's Post - https://bahnsen.co/48YpBB6
This is Trevor Cummings filling in for David Bahnsen. David is in the midst of day three of his annual TBG Money Manager Due Diligence trip. As mentioned, he will be back with you for the weekly Dividend Cafe on Friday.
Markets were a bit more active today than yesterday. We also had a rebound in housing starts, another L for Jordan’s ballot push, and Biden seeking a monumental aid package for Israel.
And off we go…
Links mentioned in this episode:
TheDCToday.com
...
2023-10-1808 minThe Dividend CafeThe DC Today - Tuesday, October 17, 2023Today's Post - https://bahnsen.co/46UIS4q
Today David Bahnsen is on day two of the annual TBG Money Manager Due Diligence trip in New York. This is an exciting time of the year as our investment committee dives deep into all the portfolio particulars and then surfaces with a plethora of content to share with our clients as well as some actionable portfolio items. I believe this is year 18 of this trip and something that I know (1) David greatly enjoys and (2) has a meaningful impact on how we manage capital for our clients.
...
2023-10-1707 minThe Dividend CafeThe DC Today - Wednesday, July 19, 2023Today's Post - https://bahnsen.co/4796XFZ
David Bahnsen is traveling today and I, Trevor Cummings, will be filling in to provide you with the daily happenings around markets on this beautiful summer day.
The market hit a 52-week high, the Dow is on its longest win streak (8 consecutive days) since September 2019, headlines were captivated by a slew of corporate earnings reports, we have new housing starts data, and of course the best part – Ask David. Please join us for all of this and much more.
Links mentioned in this episode:
TheDCToday.com
Di...
2023-07-1906 minThe Dividend CafeLetter to a High School GraduateToday's Post - https://bahnsen.co/42yYfgC
This was a big week in the Bahnsen household, but really for many families all over the country. Joleen and I celebrated the graduation from high school of our firstborn son, Mitchell. Many of you likely had kids, grandkids, and loved ones celebrate some graduation as well (college or high school). They are all special and memorable, and if you suffer from the same chronic nostalgia syndrome that I do, maybe these events bring back memories of your own graduation. I believe some of the emotion this week was not...
2023-06-0934 minThe Dividend CafeThe DC Today - Thursday, May 18, 2023Today's Post - https://bahnsen.co/42OsEsd
Welcome to DC Today, I am Trevor Cummings filling in for David Bahnsen.
Today we have an update on unemployment claims, existing home sales, daily market moves, and even Donald Trump shows up in today’s Ask David.
Links mentioned in this episode:
TheDCToday.com
DividendCafe.com
TheBahnsenGroup.com
2023-05-1806 minThe Dividend CafeThe DC Today - Monday, March 27, 2023Today's Post - https://bahnsen.co/3noFOMJ
There is a lot today on Housing, which is a matter of practical significance to a lot of you, and there is a lot today on the banking mess and the Fed, which is also connected to Housing. So I think you’ll find today’s missive practical and interesting.
After reports throughout the weekend that both First Citizens Bank and Valley National Bank were bidding with the FDIC to take over Silicon Valley Bank (both publicly traded, sub-$10bn market cap banks, the former out of North Caro...
2023-03-2713 minThe Dividend CafeThe DC Today - Wednesday, March 15, 2023Today's Post - https://bahnsen.co/3leNG2y
This is Trevor Cummings, and I am sitting in for David Bahnsen to bring you DC Today.
There is a common idiom in the English language, “Wait until the dust settles.” This adage encourages one to be patient until they have more clarity. Investors crave clarity, and when things become too foggy or dusty, investor anxieties skyrocket. These anxieties surface as market volatility, which you are currently enduring.
At this stage, everyone is still sifting through the rubble of SVB to separate substance from hysteria. I wa...
2023-03-1509 minThe Dividend CafeThe Risk that Meets the MomentLink to Dividend Cafe: https://bahnsen.co/3jErUVn
I wrote last week about the multi-year (and indeed, multi-decade) beliefs we have about macroeconomic conditions. In a nutshell, I made the case that we face a form of “Japanification” where the diminishing return of fiscal and monetary efforts to goose our economy from the impact high debt has had on its growth leads to yet more debt and also less growth, all as part of a feedback loop.
I wrote the week before about the uncertainty of what will happen in the economy this year and pres...
2023-02-1020 minThe Dividend CafeDeflation Debation in DenationI have a view of where the United States is in its economic cycle that I have had for quite some time, and that has substantially informed many of the macro assumptions I bring to portfolio management. I have shared this overarching worldview many times over the years in Dividend Cafe and elsewhere, and I am constantly refining it, analyzing it, and even challenging it.
It has the word “deflation” in it, though I really believe the term “Japanification” is a better encapsulation of my perspective. “Deflation” is often associated with “depression” and no one in their right mind belie...
2023-02-0330 minThe Dividend CafeThe DC Today - Tuesday, November 22, 2022Today we are one day closer to cutting into that turkey, enjoying some homemade gravy, and spending some quality time with those nearest and dearest to us. A great time of the year to be grateful, and I, Trevor Cummings, am personally grateful to be filling in for David Bahnsen today. I wish you all a wonderful Thanksgiving, and I encourage you to take a moment to watch or listen to what’s happening in markets today (links below).
And off we go…
Full Blog post here: https://bahnsen.co/3V7jsLO
Topics disc...
2022-11-2208 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Conference Call Replay - August 16, 2021Join David L. Bahnsen, CIO and Managing Partner of The Bahnsen Group and Scott Gamm of Strategy Voice and Associates with answers the important questions from investors.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
2021-08-1640 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Conference Call Replay - August 2, 2021David L. Bahnsen and Scott Gamm discuss the latest market happenings
DividendCafe.com
TheBahnsenGroup.com
2021-08-0242 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Conference Call Replay - July 19, 2021Hosted by David L. Bahnsen, Founder, Managing Partner, and CIO of The Bahnsen Group and Scott Gamm of Strategy Voice Communications.
DividendCafe.com
TheBahnsenGroup.com
2021-07-1945 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Conference Call Replay - June 14, 2021With the key market insights of the season, David L. Bahnsen takes questions from the public. Hosted by Scott Gamm of Strategy Associates.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
2021-06-1545 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Conference Call Replay - May 17, 2021David L. Bahnsen and Scott Gamm discuss the market happenings of the day.
DividendCafe.com
TheBahnsenGroup.com
2021-05-1735 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Conference Call Replay - May 3, 2021Latest market updates and news from David L. Bahnsen of The Bahnsen Group
DividendCafe.com
TheBahnsenGroup.com
2021-05-0332 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Zoom Replay - February 22, 2021David L. Bahnsen joined by Scott Gamm to discuss the market happenings of the day.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
2021-02-2239 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Zoom Replay - February 8, 2021Your hosts David L. Bahnsen and Scott Gamm tackle the important finance and economic news of the day.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
2021-02-0850 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Zoom Replay - January 25, 2021Strong discussion on the market happenings shaping the lives of investors with David Bahnsen, Managing Director and CIO of The Bahnsen Group and Scott Gamm of Strategy Voice and Associates
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
2021-01-2638 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Zoom Replay - Dec 14, 2020National Call with David L. Bahnsen and Scott Gamm
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
2020-12-1440 minThe Dividend CafeMarket Outlook w/ David L. Bahnsen - Zoom Replay - Nov 30, 2020David L. Bahnsen with Scott Gamm - Market Outlook National Video Call
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
2020-11-3034 min