This podcast is produced by KPP Financial, Steve Peasley President,

KPP Financial, Independent Thinking, shared success.

And now today's podcast.

Good afternoon for everybody.

Welcome to Invest Talk. it is Wednesday June 10th

2020 and you probably don't watch the market as close as I do but I'm sure

you're aware of it or you wouldn't be listening to the show.

It certainly has been a pretty interesting period of time here for all of this year.

You know, it really is fascinating since the COVID things started.

Remember, we've never ever shut down our economy on purpose and then try to restart it.

So really no one knows how this is all going to work out. No one knows. We know that the

GDP for this quarter is going to fall about 30%. That's the estimate. We know that the Fed meeting today said they're going to keep interest rates. Powell, the other Fed Chairman says they're going to keep interest rates where they are for a couple years. A couple years. Remember, they're at or near zero. So we know these things are going

on but we've never had this kind of experience so it's pretty interesting and

it certainly is going to cause more volatility.

Recently it's been up volatility. But have you noticed it markets acting kind of

strange. I mean look at what happened in the indexes today. The Dow was down

282 points while the NASDAQ was up 67 points and that's to be down 17.

Very interesting on today's office hours program at noon.

I had a little stat about how much the NASDAQ is controlled by just like five or six stocks that

represent about 40% of the whole index.

40 Apple, Microsoft, Google, Google 1, Google 2,

you know, it's just amazing,

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