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Tuesday - August 11, 2026
Description
Brian Szytel hosts Dividend Cafe on Tuesday, August 11, describing a quiet, rudderless market session ahead of tomorrow’s CPI, with the Dow and S&P down about 0.3% and the Nasdaq down about 0.6%, the 10-year near 4.69%, and oil up about 1%. He notes better-than-expected NFIB small business optimism (99.8 vs. 97) and slightly stronger existing home sales (~4.1 million) though housing remains frozen by higher rates. Szytel then analyzes U.S. federal debt growth across eras since 2000, citing debt CAGR of 7.3% (2000–2008), 8.0% (2008–2017), 9.5% (2017–2022), and 6.6% (2022–now), arguing debt still grows faster than nominal GDP even in strong times. He also clarifies U.S. tax revenue is 17% of GDP federally but 27% including state and local when comparing to Europe’s ~50%.
00:00 Market Snapshot
00:56 Economic Data Check
01:39 Debt Growth Explained
02:53 Debt Eras Breakdown
04:03 Why It Still Matters
05:43 Tax Revenue Clarification
06:47 Wrap Up
Links mentioned in this episode: DividendCafe.com