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InvestTalk

06-03-19: Nobel Prize Winner: The Market Is Overreacting To Trade War Drama

InvestTalk

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

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

4.41.5K Ratings

🗓️ 4 June 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

A Yale economics professor says market fundamentals are not out of whack and, instead, he blames an overreaction to the theatrics surrounding the negotiations.

Today's Stocks & Topics: Antitrust Probe, Tech-Companies, Trade War and Recession, Healthcare In Retirement, Brokers Insurance, CVM - CEL-SCI Corp., CVS - CVS Health Corp., Multiple Compression, ZBRA - Zebra Technologies Corp. Cl A, CMI - Cummins Inc.

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Transcript

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0:00.0

Steve and justin use why charts for their winning investment research

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

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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.

0:29.9

Good afternoon investors and welcome to Invest Talk. This is our Monday, June 3rd, 2019 edition of Invest Talk. I am Justin Klein and I thank you for joining me on this beautiful Monday afternoon

0:48.1

And I hope you will call me with your investing questions during this hour because this is a conversation.

0:54.0

This is a conversation about your money, about your financial future and

0:58.0

ultimately your financial freedom. And your questions each and every weekday shape our show to your liking and help us better prepare

1:11.4

you for your own version of financial freedom.

1:14.4

Now, we do this each and every weekday

1:16.8

with a philosophy of independent thinking

1:18.7

and shared success.

1:20.4

So we try to bring you along each and every day one step at a time.

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Okay, and that's what I'm going to do during this hour is to help you take that next step, whatever that is.

1:35.6

And if you call in at our anytime listener line

1:38.4

at 889 chart, then I'll probably

1:41.8

be able to help you specifically take an even bigger step.

1:45.4

Okay? Now my main talking point today concerns this opinion from Nobel Prize

1:52.4

winning economists and it is that the market is overacting to the

1:55.6

trade war drama. This is coming from Yale economist, economics professor Robert Schiller.

2:02.4

He's famous for the Schiller P ratio. You probably heard that which is

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