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InvestTalk

06-25-2020: IMF Slashes Its Global Economy Forecasts And Warns Of Soaring Debt Levels

InvestTalk

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

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

4.41.5K Ratings

🗓️ 25 June 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

The U.S. economy is expected to contract by 8% this year and the IMF fund has cautioned that its forecasts are surrounded with unprecedented uncertainty.




Today's Stocks & Topics: DGLY - Digital Ally Inc., Portfolio ETFs, Stock Prices, AMZN - Amazon.com Inc., QCOM - Qualcomm Inc., Mortgage Market, HQY - HealthEquity Inc., VTV - Vanguard Value ETF, The Price of Gold, IVR - Invesco Mortgage Capital Inc., Annuities. 



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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. This is our

0:26.2

Thursday June 25th 2020 edition of Invest Talk and I thank you all for tuning in on this fine day. It's still a lot going on,

0:38.3

it's still a lot of cross currents in the markets from obviously the pandemic. You have an election

0:48.6

season that's starting to ramp up here and you have stimulus coming out of Washington and really governments

0:58.7

throughout the world. So your job is to know whether you should buy the dips or you should lighten up your positions or should you change your investment strategy as a whole?

1:14.0

Just like in politics today, a lot of people try to take one side or the other.

1:21.0

They should all in or all out,

1:23.3

and just like most things, there's probably a place

1:28.1

in the middle that is more a sense of reality

1:31.7

of what you should and shouldn't be doing.

1:33.6

Now the first goal for you as investors

1:38.0

define your objectives, your goals.

1:41.1

And then this time. your goals.

1:50.0

And then this time of uncertain waters, you need to be able to navigate that effectively in accordance to your particular risk tolerance.

1:55.0

Now today on this program I'm going to do my best to give you unbiased answers to your finance and investment questions. We're going to talk about strategies,

2:05.9

current events. We're going to answer a lot of questions on individual stocks,

2:13.4

but I always try to broaden them out as much as possible.

2:17.4

To help everyone kind of learn about how

2:20.0

to analyze a company, an industry, what the risks and rewards are of a particular type of position.

...

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