08-10-2020: Analyst: The Biggest Threat To Stock Market Rally Is Wave Of Corporate Bankruptcies
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 10 August 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
One opinion predicts that large-scale bankruptcies would be more damaging to the economy than U.S.-China tension or political differences.
Today's Stocks & Topics: PPL - PPL Corp., CWH - Camping World Holdings Inc. Cl A, AMLP - Alerian MLP ETF, INGR - Ingredion Inc., SPG - Simon Property Group Inc., ET - Energy Transfer LP, CASY - Casey's General Stores Inc., Rent Delinquencies.
Our Sponsors:
* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com
* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me
* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai
* Check out Progressive: https://www.progressive.com
* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com
* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com
* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com
* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com
Advertising Inquiries: https://redcircle.com/brands
Transcript
Click on a timestamp to play from that location
| 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 Monday, August 10th, 2020 edition of Invest Talk. I thank you all for tuning in this afternoon |
| 0:35.7 | or maybe it's tomorrow morning, whatever it is. |
| 0:38.8 | I appreciate you for just taking the time out to better educate yourself about the economy, about |
| 0:47.1 | the market, about investing, and that is why you are all here. So hopefully I can |
| 0:52.2 | move you along the path today you're never |
| 0:55.2 | going to learn anything overnight but it's an incremental process so hopefully |
| 0:59.7 | this will be one of those incremental days for you to try to uncover knowledge, perspective that you need to make |
| 1:10.0 | better decisions. |
| 1:11.0 | And that's our goal each and every weekday on Invest Talk is to help you become a better investor, a better saver, and move yourself positively towards your own particular version of financial freedom. |
| 1:25.0 | So now that we are what, six months-ish on in this pandemic or about the six-month mark, right? Or was it March? I guess it was March. It used to be five-month mark. Well, five months on we are transitioning from depression level economic activity to |
| 1:50.4 | recession level. We're clearly not back to where we were. Some industries are |
| 1:57.6 | doing better than others. Some are doing terribly, some are doing great, like anything related to work from home. |
| 2:08.6 | Some are benefiting from very low interest rates, real estate for example, precious metals for example. |
| 2:19.4 | So there's a lot of crosswinds and the biggest crosswind at the moment has to do with government |
| 2:26.6 | spending and that's the most important aspect of what the future looks like. |
| 2:37.0 | Is what will the government do to battle this recession. Right? Like I said, we're out of the depression and we're |
| 2:49.3 | into a recession. |
| 2:57.0 | Now, will they continue to print trillions of dollars? And will that money go to people or will go to companies? |
| 3:01.0 | The first swath was more to corporations than people. Some of those corporations |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.