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

KPP Financial, Independent thinking, shared success.

And now today's podcast.

Good afternoon fellow investors and welcome to Invest Talk. This is our Monday, July 20th, 2020 edition of Invest Talk.

And I thank you for tuning in during this hour.

Hopefully, you'll learn a thing or two.

That's our goal, each and every weekday.

And the market was pretty interesting today.

We had small cats down about half a percent.

Nasdaq was up, a big resurgence in the growth stocks today.

Is that a last hurrah or is a start of another move that will be something to watch and we're heading into the back half of July which also means that Congress is back in session and they're going to work on, going to be working on the next stimulus bill.

And it looks like the unemployment benefits are going to be extended.

Maybe not 600 additional dollars per month, but somewhere in the neighborhood of 3 to 500,

probably land around the 400 mark. So will that be enough to sustain

the economy, sustain consumer spending? Studies are saying that those people that were getting unemployment benefits were actually

spending more than pre-Cove it.

That's pretty crazy as well.

But we're fast approaching the end of a lot of the stimulus, a lot of

the forbearance, a lot of the short-term mechanisms to kind of keep the economy going and now it's that next

step and that's something to watch over the next couple of weeks also gold. gold did very well today, mainly silver actually, precious metals in general,

so, but silver was up pretty big and you're seeing another resurgence there in that market with the debt once again when

debt rises which we know it is dramatically that's when gold typically goes up and you're seeing just a continuation of the recent bull market over the past few months.

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