The Dividend Cafe Tuesday - February 24, 2026
Feb 24, 2026
Markets bounced back with big index gains and a 10-year yield near 4.03%. Discussion covers possible personal and business tax relief hinted in the State of the Union. A newly finalized 10% tariff rate and its growth implications get attention. Private credit is examined amid media noise, with delinquencies and liquidity context. Recent housing, confidence, and inventory data are reviewed as broadly positive.
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Market Rebound Linked To Policy Hopes
- Markets rebounded broadly with Dow +370, S&P +0.7%, Nasdaq +1% while 10-year Treasury sat near 4.03%.
- Brian Szytel ties the rally to positive headlines including potential State of the Union tax relief and calmer tariff news that support growth.
Tax Relief Could Boost Productivity
- Potential tax relief in the State of the Union could lift productivity and growth if enacted on personal and business taxes.
- Szytel warns political actions like tariffs and government stakes in companies remain negative for free-market growth even as taxes could help.
Tariff Cut Lowers Drag On Economy
- The finalized broad-based tariff rate landed at 10% versus a floated 15%, reducing projected tariff receipts by about $140 billion.
- Szytel frames the lower 10% rate as supportive for economic growth because higher tariffs pull money out of the economy.