The Dividend Cafe
The Bahnsen Group
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).
Episodes
Mentioned books
Feb 18, 2026 • 7min
Wednesday - February 18, 2026
A market update covers stocks edging higher while Treasury yields tick up. A closer look at Fed minutes signaling a hawkish bend and stronger-than-expected industrial production. Discussion of durable goods as a barometer for business capex and why housing remains stuck despite small gains. Clear explainer on how tariffs and imports show up in GDP accounting.
Feb 13, 2026 • 24min
AI Productivity and Bounced Checks
A deep dive into AI as an investment theme and the vulnerabilities that could undermine it. A look at whether AI activity actually translates into macroeconomic productivity. Historical parallels with the dot-com boom highlight speculative risks. A call for prudent judgment, stewardship, and long-term strategic thinking around AI capital and infrastructure.
Feb 12, 2026 • 8min
Thursday - February 12, 2026
A market reversal with big losses across major indexes and tech-led selling sets the scene. Falling long-term yields and a flattening curve get attention. Discussion covers upcoming CPI, jobless claims, and weak home sales. Themes include AI versus capex, record S&P margins, and differing equal-weight vs cap-weight dynamics. A debate about Fed leadership and political influence rounds out the conversation.
Feb 11, 2026 • 8min
Wednesday - February 11, 2026
Market movers and a mixed trading day with modest index shifts. A surprisingly strong payroll report and rising bond yields take center stage. Discussion of unemployment, wage gains, and labor force participation trends. Exploration of why inflation feels different and the distinction between disinflation and deflation.
Feb 10, 2026 • 7min
Tuesday - February 10, 2026
Quick market recap with mixed stock performances and a notable bond rally as 10-year Treasury yields dipped. Discussion of expectations around the incoming Fed chair and balance sheet plans. Review of weaker small business optimism and flat retail sales. Preview of an upcoming CPI print and how rent measures could sway rates. Conversation on AI-driven market volatility and long-term technology investment timelines.
Feb 9, 2026 • 15min
Monday - February 9, 2026
A concise market recap after a volatile week, highlighting the Dow closing above 50,000 and what that milestone means. Deep dives into software sector repricing, sector breadth, and midstream strength. Coverage of Japan’s Nikkei surge after an election and implications for yields, mortgage rates, and quantitative easing. A brief note on recent sports headlines.
Feb 6, 2026 • 27min
All About the Next Fed Chair Kevin Warsh
Discussion of Kevin Warsh’s selection as the next Federal Reserve chair and what his background and credibility mean for monetary policy. Exploration of his reform-minded philosophy, including ideas to reduce the Fed’s balance sheet footprint. Conversation about likely interest rate moves, QE critique, market signals as policy inputs, and the potential path through confirmation and regulatory shifts.
Feb 5, 2026 • 7min
Thursday - February 5, 2026
Brian Szytel, market commentator bringing portfolio perspective from West Palm Beach. He walks through a down day for major indices. He covers stronger growth data shifting narratives, sector rotation from tech to value, and AI's uneven effects on software. He also discusses stress in asset manager credit and what that means for valuations and patience.
Feb 4, 2026 • 7min
Wednesday - February 4, 2026
Brian Szytel, senior investment pro at The Bahnsen Group based in West Palm Beach, gives market color on a rotation from frothy large-caps into staples, defensives, and cyclicals. He walks through tech pain in semiconductors and software amid AI expectations. He reviews mixed economic prints and a cooling labor trend. He closes with a look at a coming pickup in mergers and acquisitions and who stands to benefit.
Feb 3, 2026 • 9min
Tuesday - February 3, 2026
Market swings and a broad sector rotation after surprising PMI and ISM readings. The pressure AI puts on software, IT services, and asset managers. How dollar moves, Fed balance sheet plans, and quantitative easing shaped asset prices. Breaking down the 10-year yield to gauge inflation expectations and what new Fed leadership might change.
