Tuesday - November 10, 2026
Notes de l’épisode
Brian Szytel reviews a down day in markets (Dow -157, S&P -0.3%+, Nasdaq -0.75%) marked by rotation from growth to value and focus on hotter-than-expected October CPI (headline and core +0.1 vs expectations). He notes oil easing (WTI ~$86, Brent low $90s) and discusses Fed commentary from Waller raising the possibility of a 50 bp December hike, though markets still price a high probability of 25 bp. Rates rose in a bear flattener, with the 10-year near 4.99% and the 2-year up more, signaling growth concerns; shelter costs may be bottoming and ticking higher. He also mentions NVIDIA-related news and lofty Anthropic IPO valuation metrics. Finally, he answers a question on dividend reinvestment, favoring reinvesting for compounding, typically into the same company if actively managed, but using cash to diversify if not.
00:00 Market Wrap Overview
00:36 Oil Prices Update
01:04 CPI Surprise Breakdown
01:46 Fed Hike Expectations
02:44 Shelter Costs Watch
03:14 Rates Jump Bear Flattener
03:55 AI Headlines and Valuations
05:29 Dividend Reinvestment Q&A
06:33 Closing Thoughts
Links mentioned in this episode: DividendCafe.com