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InvestTalk

08-14-2020: Investor Heavyweight Now Sees The 'Same Metric' That Signaled The 2001 Crash

InvestTalk

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

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

4.41.5K Ratings

🗓️ 14 August 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

Known in investing circles as the “Buffett Indicator,” it's the measure of the total market cap of all U.S. stocks relative to the country’s GDP.




Today's Stocks & Topics: SPCE - Virgin Galactic Holdings Inc., PEK - Peak Resources Ltd., DHT - DHT Holdings Inc., NET - Cloudflare Inc. Cl A, FVRR - Fiverr International Ltd., XOM - Exxon Mobil Corp., AMZN - Amazon.com Inc., Mortgage Rates.




TRIVIA QUESTION: "Can you name 4 of the MOST FAMOUS United States monopolies, known largely for their historical significance?"




Plus: Key Benchmark Numbers and Market Comments for: Oil, Gasoline, Gold, Silver and Treasury Yields.



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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

Well, hello everybody and welcome to Invest Talk. It is Friday, August 14, 2020. We're already

0:28.6

halfway through August. Boy, it goes fast. It goes really fast these days and do you think anyone is listening to the radio

0:36.7

program a podcast on August of last year could have possibly believe that how dramatically different our economy would be this

0:45.1

year or the stock market or our lives for that matter how different they are today

0:50.8

than a year ago. It's just dramatically different.

0:57.0

So like or not, we are living in historical, significant period.

1:01.0

People are going to be writing about this and looking back on this time for many decades to come.

1:08.0

Now for investors, it's all been pretty much unsettling, but you know it's also been financially rewarding it hasn't

1:15.2

necessarily been all paid and but the the reward has been pretty confined to the

1:21.9

big tech stocks not to the overall market.

1:25.1

Surprising.

1:26.7

But volatility is here to stay for a while and we're just going to have to come stay

1:30.8

for it.

1:32.6

That's just the way it is.

1:33.6

I'm Steve Peasley, and today in this program and podcast,

1:36.9

I will do my best to provide unbiased answers

1:39.2

to your financial questions.

1:40.8

Any questions as long as they're financial, we'll talk about it.

1:45.0

Okay?

...

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