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InvestTalk

04-16-20: Can PayPal And Square Finally Prove They Can Beat The Banks?

InvestTalk

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

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

4.41.5K Ratings

🗓️ 17 April 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

With many small businesses in COVID-19 crisis mode, PayPal and Square have been approved to distribute Paycheck Protection Program (PPP) loans.


Today's Stocks & Topics: LOGI - Logitech International S.A., XOM - Exxon Mobil Corp., CVX - Chevron Corp., Travel Industry, DAL - Delta Air Lines Inc., ETFs, WDAY - Workday Inc. Cl A, Silver ETFs, Non-Traded REITs, Index Investing, Money Market Funds, Oil Industry, GILD - Gilead Sciences Inc.



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Transcript

Click on a timestamp to play from that location

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 fellow investors and welcome to Invest Talk. This is our April

0:30.0

16th 2020 edition of Invest Talk and I hope you all are enjoying this nice fun

0:38.7

volatility that we're having definitely the most interesting market in a decade right since the

0:45.4

financial crisis and there's a lot of opportunities there's a lot of

0:49.1

pitfalls and we are here to help guide you through all of this and the financial disruption caused

0:56.4

by COVID-19 are certainly the most serious crisis since 2008.

1:03.8

And for millions, even more severe.

1:07.0

We had another report today on jobless claims down about 5.5 million so in aggregate between the the last four weeks

1:16.0

basically span of a month lost about 22 million jobs.

1:21.0

Another big question is what happened next? Now is a surge after hours,

1:26.2

optimism around a vaccine. May or Manhattan not happen and I think that's what you're likely to see for a while.

1:35.0

You know, there's hopeful news around some treatment or some vaccine.

1:41.0

And, you know, these are difficult problems to solve, even though we have the best minds of the world

1:49.4

looking at it and trying to solve the medical treatment side of it, there's no guarantee that they actually

1:58.9

come to one.

2:01.9

They've been, they've known about the flu for decades and we still have to adjust for the latest flu strain with the flu shot and you know there's still a lot of challenges with dealing with the flu

2:16.1

which as we know is not as deadly as this especially for older people.

2:23.7

So now the next big question that investors are looking is, when will the country reopen?

2:30.0

And the White House has released some guidelines on that, but I think it'll be in a lot of ways

...

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