06-15-2020: Opinion: The Real Reason For The Market’s Plunge Shouldn’t Surprise Anyone
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 15 June 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
When market-timer sentiment reaches extreme bullishness, it sets up a sell-off every time.
Today's Stocks & Topics: Individual Corporate Bonds, 401k Match, Investing Less Than $1000 a Stock, Retirement, Gold, WBA - Walgreens Boots Alliance Inc., Dividend Aristocrats, 401k Contributions, DKNG - DraftKings Inc. Cl A.
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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, June 15th, 2020 edition of Invest Talk and as always with the year of 2020 there's something |
| 0:39.2 | new every single week feels like and I think this week is no different right there's now |
| 0:47.3 | re-acceleration of coronavirus cases in many states and Arizona is one of them Florida's another really a |
| 0:57.9 | lot of Republican red states which is interesting and the big question is what is the |
| 1:05.0 | economy going to do or what are officials going to do are they going to shut |
| 1:10.2 | down again Beijing has done that They're going through their own resurgence there. |
| 1:17.0 | So the market has noticed this, right? |
| 1:21.7 | He has noticed that the second second wave which most had expected to come in the fall |
| 1:27.8 | is, looks like it's coming in the summer, a lot sooner than we had expected. |
| 1:34.8 | Also, government, what are they going to do with the next stimulus package? |
| 1:41.3 | Is it going to be a billion dollars or sorry a billion |
| 1:44.9 | billion is nothing a trillion dollars is going to be two trillion what is |
| 1:49.2 | the unemployment situation going to look like when it comes to unemployment benefits. |
| 1:54.7 | So there's a lot of moving parts in this market, in this economy, in this world, right? |
| 2:01.0 | We're in the fourth turning. I hear a lot about institutions and this is really, |
| 2:08.6 | I think the start of the unwind of a lot of institutions. |
| 2:15.0 | That's really what the fourth turning is about. |
| 2:17.2 | It's about rethinking the institutions of our government, |
... |
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