# Tuesday - June 2, 2026

Page: https://stenobird.com/podcast/the-dividend-cafe-743128/tuesday-june-2-2026
Text version: https://stenobird.com/podcast/the-dividend-cafe-743128/tuesday-june-2-2026.md
Podcast: [The Dividend Cafe](https://stenobird.com/podcast/the-dividend-cafe-743128)
Published: 2026-06-02T21:39:00+00:00
Episode link: https://podcast.dividendcafe.com/episodes/tuesday-june-2-2026
Audio file: https://dts.podtrac.com/redirect.mp3/media.zencast.fm/the-dividend-cafe-1/57150377-a623-4315-a5f9-a182806954c5.mp3?source=feed
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JSON: https://stenobird.com/v1/public/podcasts/the-dividend-cafe-743128/episodes/tuesday-june-2-2026
Duration seconds: 447

## Resource

Brian Szytel shares a late-day market update with the Dow up about 250 points, the S&P slightly higher, the Nasdaq flat, and the 10-year yield unchanged at 4.45%. He highlights a stronger-than-expected JOLTS report showing roughly 731,000 more job openings than consensus, lifting openings to about 7.6 million, the highest in two years, with gains notably in consulting and professional services—countering fears that AI is collapsing hiring. He argues AI may shift entry-level skill requirements but supports productivity and investment over time. Addressing a question about younger investors relying on Bitcoin for retirement, he cites Ned Davis Research (1973–2025) showing dividend growers compounding ~10.2% versus ~7.7% for S&P equal weight, ~4.2% for non-payers, and negative returns for dividend cutters, recommending dividend-growth principles and warning Bitcoin’s volatility and lack of cash flows make it ill-suited for funding liabilities. 00:00 Market Snapshot Today 00:41 Jobs Openings Surprise 01:19 AI and Hiring Reality 02:47 Bitcoin vs Dividend Growth 03:17 50 Years of Dividend Data 04:23 Building Evergreen Investing Habits 04:48 Why Bitcoin Fails Liabilities 05:34 Conclusion Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

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## Transcript

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