The Dividend Cafe
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 Hill Press), and Full-Time: Work and the Meaning of Life (Post Hill Press).
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Why We Do Not Own Bitcoin (and never will)
<p>Today's Post - https://bahnsen.co/48ZY57l</p> <p>Bitcoin Analysis: The Bahnsen Group's Perspective on Cryptocurrency Investing</p> <p>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...
Thursday - December 4, 2025
<p>Market Update and Fed Policy Developments - December 2023</p> <p>In this episode of Dividend Cafe, Brian Szytel from West Palm Beach provides an update on the market movements and insights into current Federal Reserve policies. The S&P, NASDAQ, and Dow all experienced a relatively flat day with minor fluctuations. Szytel discusses the Federal Reserve's balance sheet reduction from $9 trillion to $6.5 trillion through quantitative tightening and anticipates a possible shift towards quantitative easing due to emerging liquidity stresses. The episode also covers the likelihood of Kevin Hassett being announced as the next Fed Chair, details on labor market...
Wednesday - December 3, 2025
<p>Dividend Cafe: December 3rd Market Update and Economic Insights</p> <p>In this episode of Dividend Cafe, host Brian Szytel from The Bahnsen Group provides an update on stock market performance, noting gains in major indices and a rotation from growth sectors to value-oriented sectors. He discusses the impact of a Wall Street Journal article about the potential nomination of Kevin Hassett as the next Fed Chair, current Fed policies, and interest rate expectations. The episode also covers recent economic data, including a significant miss in ADP payroll numbers and better-than-expected ISM services data. Brian answers a listener question...
Tuesday - December 2, 2025
<p>Market Recap and Insights: AI Competition, Private Credit Risks, and Consumer Sentiment</p> <p>In this episode of Dividend Cafe, Brian Szytel from West Palm Beach provides a market recap for Tuesday, December 2nd. He discusses recent stock market trends, including the Thanksgiving rally and subsequent fluctuations. Key points include the Fed's quiet period and high likelihood of a rate cut, Bitcoin's volatility, and upcoming economic data releases. Brian also examines consumer sentiment versus actual spending on Black Friday, and the fierce competition between major AI platforms like ChatGPT and Google Gemini. Moreover, he addresses the risks and misconceptions...
Monday - December 1, 2025
<p>Today's Post - https://bahnsen.co/3Xtosgp</p> <p>Market Updates, Bitcoin Correlations, and Policy Discussions: Post-Thanksgiving Report</p> <p>In this edition of Dividend Cafe, we recap the recent market activity and its fluctuations following Thanksgiving. Key points include the Dow's drop of 427 points, mixed performance across major indices, and a significant contrast between top-performing and worst-performing sectors. We also highlight Bitcoin's recent correlation breakdown with the Nasdaq, the potential economic impact of Japanese bond yields on cryptocurrencies, and the ongoing foreign appetite for U.S. financial markets. Additionally, the episode covers updates on the Russia-Ukraine war, Affordable...
Thanksgiving Edition - November 26, 2025
<p>Today's Post - https://bahnsen.co/48jNR1e</p> <p>Thanksgiving Reflections: A Heartfelt Tribute to The Bahnsen Group</p> <p>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...
Monday - November 24, 2025
<p>Today's Post - https://bahnsen.co/4oXqLUW</p> <p>Monday Dividend Cafe: Market Rally and Upcoming Thanksgiving Special</p> <p>In this episode of 'Monday Dividend Cafe,' we cover the market's uptick amid a holiday-shortened week, highlighting a strong performance in sectors like communication services driven by Google, and less favorable outcomes for consumer staples. The bond market also continued its rally despite risks in equities. The discussion includes updates on economic policies, including anticipated Fed rate cuts, a potential Ukraine-Russia settlement, and the state of healthcare stocks. Additionally, there's chatter around the Supreme Court's ruling on tariffs...
A Check-In on the Economy
<p>Today's Post - https://bahnsen.co/4oSvRlk</p> <p>Broad Economic Overview: Key Insights on Jobs, Housing, and Consumer Spending</p> <p>In this edition of the Friday Dividend Cafe, David Bahnsen delves into a comprehensive analysis of macroeconomic factors, exploring the current state of the job market, housing sector, and consumer spending. David emphasizes the importance of objective and apolitical economic analysis by discussing the recent trends in job creation, a softening housing market, and consumer spending patterns. The episode also critiques the use of consumer confidence as an economic indicator and underscores the importance of production in...
Thursday - November 20, 2025
<p>Market Reflections and Sector Analysis: November 20 Edition</p> <p>In today's episode of Dividend Cafe, Brian Szyel from Newport Beach, California, provides insights from a down day in the markets despite an initially strong opening. He discusses anticipated earnings reports from major AI chip manufacturers and tech companies, highlighting the market reaction and investor sentiment. Brian explains the observed rotation from growth to value stocks and the current low weighting of defensives. He also addresses questions about the private credit market, noting its significant growth and some stresses, but reassures that systemic risk appears minimal. Economic updates include better...
Wednesday - November 19, 2025
<p>Market Recap and Insights: AI Chip Earnings and Economic Data Delays</p> <p>In this episode of Dividend Cafe, Brian Szytel from The Bahnsen Group provides a market update for November 19th. After four negative trading days, the markets saw slight gains with notable attention on the largest AI chip company's positive earnings report. Concerns are discussed about the sustainability of high capital expenditures among trillion-dollar market cap companies amidst stretched valuations. Limited economic data due to government delays is also addressed, along with comments on the FOMC minutes and the unlikelihood of a December rate cut. Brian clarifies...
