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InvestTalk

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

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K 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.

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Transcript

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0:00.0

Steve and justin use why charts for their winning investment research

0:04.6

so start your free trial now and if you purchase mention invest talk and get a generous

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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