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InvestTalk

08-07-19: China Responds After U.S. Treasury Designates Beijing A ‘Currency Manipulator’

InvestTalk

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

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

4.41.5K Ratings

🗓️ 7 August 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

China’s central bank claims the U.S. accusation has “seriously” undermined the international financial order-- and risked further market turmoil.


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Transcript

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0:00.0

Steve and just in use why charts for their winning investment research

0:04.7

So start your free trial now and if you purchase mention invest talk and get a generous discount at

0:11.8

wide charts dot com This a generous discount at YCharts.com. This podcast is produced by KPP Financial, Steve

0:19.4

Peasley President, KPP Financial, Independent Thinking, shared success.

0:26.4

And now today's podcast.

0:27.8

Good afternoon everybody and welcome to Invest Talk. It is Wednesday August 7th,

0:37.0

2019th and I'm sure that more than a few of you have been surprised by the volatility we've seen here this week.

0:44.4

Obviously there's a lot going on.

0:47.8

And you know, it should be expected because when you have periods of calm always followed by periods of

0:53.8

volatility but in this case you know once the earnings season was gone and the fed

0:58.8

rates in there and now they're more bickering about the trade world with China you probably should

1:04.6

expect more volatility and it certainly was the case today but didn't end up

1:09.4

very badly I mean it was a mixed ending to the day up and down so but it started off pretty

1:15.0

heavily down at the opening this morning anyways I'm here my name is Steve

1:20.9

Peasley and I thank you for joining me.

1:23.0

And I hope you will also call with all your investing questions.

1:25.7

Anything Financial will talk about.

1:28.1

And you know, it's all about you taking charge of your own personal financial well-being.

1:34.4

And of course that means your goal of financial freedom in retirement, whenever that means

1:39.9

and whatever that means.

1:42.2

When you retire and what your retirement looks like is all up to you. But to have the freedom of choice,

1:49.2

you're going to have to have financial freedom. That means have money. If you want to make a choice of when and what your time is

...

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