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InvestTalk

07-05-19: Housing Is Providing A Troubling Sign Of An Economic Downturn

InvestTalk

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

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

4.41.5K Ratings

🗓️ 5 July 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

One economist is warning that “Declining home sales are consistent with the possibility of a late 2019 or early 2020 recession.”


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Transcript

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0:00.0

Steve and justin use why charts for their winning investment research

0:04.6

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

0:10.4

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.

0:28.7

Good afternoon everybody and welcome to investock. It is Friday July 5th

0:37.0

2019. Well we have to get back to work now after the 4th of July holiday. I'm Steve Peasley and I thank you for joining me and I hope you

0:45.1

will call because you drive the quest to show with your questions. Any

0:49.2

investing or financial questions are welcome and I hope you do make that call. We're all

0:55.6

here to help each other and of course our goal is always the same financial

0:59.8

freedom for everybody including myself you anybody who listens and wants some more information,

1:05.8

wants to learn how the market works, how the economy works, you know, how to find stocks, how to know when to buy, when to sell.

1:15.5

It's not easy.

1:18.2

It's a lifelong task, by the way.

1:21.6

You're always learning, because it's never the same I mean the

1:24.7

last recession is not going to be anything like the next recession is not

1:28.9

they just don't they're not the same now they have the same kind of patterns but the

1:34.8

causes the depth you know the way happens they're usually different so we'll be talking about that today. So of course I want you to call and you drive

1:47.7

a show in the direction that you want you call our listen line number it's

1:51.8

open right now it's, we're always live, Monday through Friday,

1:55.8

4 to 5 Pacific time, and the number is 88899 chart.

2:00.8

Now my main talking point today concerns this particular story one economist is

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