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InvestTalk

04-13-20: Will Debt-Fueled Inflation Make The ‘Cash Is Trash’ Argument Viable?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

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

4.41.5K Ratings

🗓️ 13 April 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

The founder of the world’s largest hedge fund has warned there will be some combination of monetized deficits, currency depreciation, and large tax increases.


Today's Stocks & Topics: BGS - B&G Foods Inc., PRU - Prudential Financial Inc., ET - Energy Transfer LP, CSCO - Cisco Systems Inc., LMRK - Landmark Infrastructure Partners L.P., MUB - iShares National Muni Bond ETF, HNP - Huaneng Power International Inc. ADR, RTX - Raytheon Technologies Corp.



TRIVIA QUESTION: "China emerged as one of the world's FIRST civilizations in about the 21st century B.C., but when did China's modern era of ECONOMIC POWER begin?"



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Transcript

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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 and welcome to Invest Talk it is Monday April 13th

0:26.4

2020 and you know the market continues its volatility I don't think that's going to stop

0:32.2

anytime soon it's just not.

0:35.2

So when you think about the market and the reaction to COVID-19 pandemic, it's understandable,

0:41.4

but seems surreal, doesn't it all those huge movements up and down?

0:46.8

And then the going down the street or out, nobody's out, no no baseball my wife is very upset about that by the way

0:56.0

no professional baseball it's like you know just surreal you know what three months

1:01.8

ago we were all about posterity, prosperity here in the country and now no it's all gone

1:10.1

And again, volatility is rain supreme everywhere.

1:14.0

So here we are. We must face reality. It's required, and we're going to do it together.

1:20.0

It's not impossible to survive this. It's not. We just have to deal with it. So I'm here to answer any of your questions

1:26.9

to help you get through this time. If I can, I'll do it unbiasedly and this is a

1:32.2

call and show so you can call anytime you want.

1:35.0

Now as an investor, you of course want strategies and help and how to deal with this

1:39.9

volatility.

1:41.2

So how do you prepare for it? How can you get, you know, the goal is always the same. Financial freedom, no matter what kind of market we're dealing with. And this is a very unusual market but we still the

1:55.0

goal is the same we still can achieve it it we just have to make some changes in

1:59.8

our life you know in our in our portfolios We have to make changes. We have to adapt.

2:05.0

That's all that's all that's all we have to do.

...

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