04-20-20: Nearly 3 Million Borrowers Have Been Granted Mortgage Relief
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 20 April 2020
⏱️ 49 minutes
🧾️ Download transcript
Summary
Opinion: The government must be prepared to respond quickly to prevent a liquidity shortfall in the single-family and multifamily mortgage markets.
Today's Stocks & Topics: DFS - Discover Financial Services, Oil Industry, CVX - Chevron Corp., Investing, CZR - Caesars Entertainment Corp., USO - United States Oil Fund LP, ZTS - Zoetis Inc., Cash Flow Banking, Oil Prices.
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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 fellow investors and welcome to Invest Talk. |
| 0:28.0 | This is our Monday, April 20th, 2020 edition of Invest Talk and as we all know that the financial disruptions |
| 0:36.4 | caused by the COVID-19 pandemic spread there are going to be knock-on effects |
| 0:42.3 | or going to be knock on effects or going to be issues that arise, but also opportunities |
| 0:48.3 | that arise, and that's what we are here to help you understand where are the opportunities where are the |
| 0:55.9 | pitfalls because they're going to be a lot of both over the next couple of years |
| 1:01.2 | and you know for millions of people this is the most severe |
| 1:04.8 | economic catastrophe of their lifetime. In many ways this is worse than 2008 and And the big question is, what will be the final fallout |
| 1:17.0 | when this is all set and done? |
| 1:19.0 | And when will it be safe to reopen the economy? |
| 1:24.6 | And many governments, both on the federal and state level, have started to unfold some |
| 1:30.3 | guidelines that will create a stage reopening of the economy, right? |
| 1:37.0 | Where it's kind of like a light dimmer, right? |
| 1:40.0 | Where you have it on a mode where it's the romantic mode right where lights are very |
| 1:47.3 | low and dim you can kind of see pretty well well enough to where you know what's |
| 1:52.0 | going on but it's the lights aren't fully |
| 1:54.4 | on yet and it's going to be very staged in that way and that means certain areas |
| 2:01.3 | of the economy will return faster than others, easier than others. |
| 2:06.0 | Some have not been interrupted. |
... |
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