03-26-20: Opinion: The Stock Market Rally Has A Better-Than-Even Chance Of Failing
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 27 March 2020
⏱️ 49 minutes
🧾️ Download transcript
Summary
There has been a fresh bullishness in stocks, but ‘capitulation’ among investors has not yet occurred.
Today's Stocks & Topics: The Fed Balance Sheet, EQNR - Equinor ASA ADR, D Dominion Energy Inc., MINT - PIMCO Enhanced Short Maturity Active ETF, Bonds, PULS - PGIM Ultra Short Bond ETF, Stimulus Package, TZOO – Travelzoo, EXPE - Expedia Group Inc.
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody. Welcome fellow investors to |
| 0:26.7 | investors. This is our Thursday March 26th 2020 edition of |
| 0:31.6 | Investop. And it was another volatile day, yes, volatile does mean up sometimes. Volatility is just simply large price movement and clearly we've seen that over the past six weeks and |
| 0:47.7 | we're starting to get a little bit of this rally and we know this is driven by stimulus and oversold markets and the big question |
| 0:58.9 | is will it last so we're going to get into that today, a little bit more, |
| 1:03.3 | to understand what to likely expect over the coming weeks, |
| 1:09.0 | months, and maybe even years, because it's always hard to know but big events like this often |
| 1:17.2 | mean to big reactions. You know, think of 9-11, our reaction with security at airports, right? |
| 1:26.9 | The financial crisis brought big changes |
| 1:29.5 | to how the real estate market and banking industry acted and how regulations happened around that. |
| 1:37.3 | So you're likely to see those effects as well, both on the political and regulatory level, but as well as the individual |
| 1:47.2 | action, right, that change of habits, change of mindset towards different things and right now it's likely to be long-term |
| 1:57.5 | a change in the way we look at cleanliness about disease, health care, etc. |
| 2:05.0 | So that's something we can get into as well. |
| 2:08.0 | And we know that this COVID-19 epidemic, |
| 2:12.0 | pandemic now has affected our day-to-day lives as well as our investment portfolios. |
| 2:18.0 | And crazy to say, we are approaching the end of the first quarter. Wow. This year feels like it's been a decade. It's just quite been quite the first quarter of the I've never seen anything like it in my career. |
| 2:35.8 | Close, you know, for that to crisis was similar, maybe not the speed, but in the magnitude |
| 2:41.6 | that's for sure. you know we haven't seen something like |
... |
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