01-03-19: U.S. Trade Rep. Thinks More Tariffs Could Be Needed To Get Meaningful China Concessions
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 4 January 2019
⏱️ 46 minutes
🧾️ Download transcript
Summary
America has been trying to get China to agree to trade terms that are fair to both countries.
Today's Stocks & Topics: Inflation, C - Citigroup Inc., XBI - SPDR S&P Biotech ETF, Auto Insurance, BMO - Bank of Montreal, BNS - Bank of Nova Scotia, 401k, PM - Philip Morris International Inc., AMZN - Amazon.com Inc.
Transcript
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| 0:00.0 | Steve and justin use why charts for their winning investment research |
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| 0:10.4 | discount at whyCharts.com. This podcast is produced by KPP Financial, Steve |
| 0:19.3 | Peasley President KPP Financial, Independent Thinking, shared success. |
| 0:26.3 | And now today's podcast. |
| 0:28.6 | Good afternoon everybody, and thank you for joining me today on Invest Talk. It is |
| 0:36.0 | Thursday January 3rd 2019 and welcome to Invest Talk and seems like the new year is starting off like the old year was with the market anyways. |
| 0:48.0 | The market volatility is pretty extreme and today's down being down 660 points just kind of |
| 0:57.3 | Put a explanation mark on the market you have what three four days in a row up and everybody was all |
| 1:04.5 | excited thinking that was it well guess what not it. Anyways I'm Steve |
| 1:09.9 | Peasley and our daily objective here is to make you a better investor and above average |
| 1:14.6 | investor to help you achieve that goal okay to try to get you to stop buying into hype stop buying into the Wall Street main |
| 1:27.1 | propaganda it's not all you have to be independent you have to think independent and we are and I am and Justin are we are independent |
| 1:36.0 | thinkers we don't just go along with where everybody else says because it's dangerous |
| 1:40.1 | gotta walk your own path everybody and that path I'm going to help you with |
| 1:46.0 | You can call on any time listening line number 88899 chart |
| 1:49.7 | 888 99924 278 so the market was mostly down with what only five of the Dow stocks up today at the opening |
| 1:59.5 | But it was all red most of the day is all red. All red. |
| 2:03.0 | And so the market, what, 660 points on the Dow down? |
| 2:08.0 | 202 points on the NASDAQ and 62 points all down today on the S&P 500. |
| 2:15.0 | But that's the stock market, okay? |
| 2:18.0 | The stock market is going through those things. |
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