07-17-2020: New Research Claim: Pandemics Typically Lead To Receding Inflation
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 17 July 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Theory: Pandemics leave a traumatized population determined to save rather than spend, and a labor-capital ratio that has fallen to levels that undermine the incentive to invest.
Today's Stocks & Topics: ACI - Albertsons Cos. Inc., The Heroes Act, Inflation Rates, AQN - Algonquin Power & Utilities Corp., INO - Inovio Pharmaceuticals Inc., Trailing Stop, COVID-19 Test Kit Manufacturers, VTR - Ventas Inc., PLNT - Planet Fitness Inc. Cl A, HP - QHP Inc., KGC - Kinross Gold Corp., Central Banks & Inflation.
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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 Friday, July 17th, 2020 edition of Invest Talk. We're almost over halfway through the month of July, only a couple |
| 0:36.1 | weeks left in the month and you know we're ramping up with a lot of market moving news. We have the Senate and the House battling over the stimulus bill. |
| 0:57.1 | We have a potential big problem over in China with the Three Gorges that is now, it's flooding and their structural problems |
| 1:07.1 | and the whole Wuhan area is flooding. So I feel bad for that whole, all the population because they've |
| 1:18.0 | been held a bad ham in 2020, but that's something that can definitely throw a wrench in the world economy. |
| 1:25.6 | You know, we talked about the supply issues, right, the supply chain issues that the |
| 1:31.4 | COVID shutdown caused originally, while flooding throughout |
| 1:34.8 | that area is also going to cause problems as well. So something to watch on the |
| 1:39.6 | China front and markets close the week relatively strong here near the |
| 1:46.9 | highs of the day and I just posted a YouTube video so if you want to go check |
| 1:52.3 | it out. |
| 1:52.6 | I talked a lot about the battle between growth and value |
| 1:56.7 | in today's market or in the market this week |
| 1:59.8 | started on Friday of last week, and you're starting to see that rotation. |
| 2:05.8 | Now does that mean the value is going to just simply catch up with growth |
| 2:08.9 | and growth's going to go sideways or are we going to see a reversal of the gains on the growth side of the market? |
| 2:14.6 | Something to watch going forward through the rest of the month. |
| 2:19.7 | Now, I know there's a lot to think about in today's market. We're talking about the |
| 2:28.8 | return to school controversy. How is that going to play out? What impact might that have on the economy? |
... |
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