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Tuesday - August 11, 2026

About this episode

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

TheBahnsenGroup.com

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Tuesday - August 11, 2026

The Dividend Cafe

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