08-15-19: In Its IPO Filing, Work Space Renter WeWork Has Revealed A Massive $900 Million Loss
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 15 August 2019
⏱️ 46 minutes
🧾️ Download transcript
Summary
WeWork, now re-branded as the 'We Company', is widely expected to hold its IPO as soon as next month.
Today's Stocks & Topics: BIDU - Baidu Inc. ADR, Europe's Economy, Yield Curve, Retails Sales for July, Gold: $1,524 per ounce, 2-year Treasury Yield: 1.569%, 10-year Treasury Yield: 1.581%, 3-month year Treasury Yield: 1.9%, 30-Year Bond: 2.004%, Oil: $54 per barrel, 30-year FIXED Mortgage Rate: 3.6%, Bitcoin: $9,961 per coin, GE - General Electric Co., AUY ; Yamana Gold Inc., PFE - Pfizer Inc., MO - Altria Group Inc.,
CCJ - Cameco Corp., URA - Global X Uranium ETF, CTL - CenturyLink Inc., T - AT&T Inc., Retirement, Shorting the Market, TILIX - TIAA-CREF Large-Cap Growth Index Fund Institutional.
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 everybody, and invest talk it is Thursday August 15th |
| 0:26.3 | 2019 well there has been a lot of a lot to follow in the news right I mean there's a lot of things going on trade |
| 0:33.0 | concerns political unrest in Hong Kong I don't know if that's really gonna affect us |
| 0:38.6 | you know our economy but it's in the news and it affects the stock market, that's for sure. |
| 0:45.9 | And the Fed should they be lowering more, lowering the rates further, faster? |
| 0:51.0 | You know, there's speculation about that. So what's going to be next that drive the market? |
| 0:54.8 | It's not going to be earnings. The earnings season's pass and it's not going to be, it's probably not |
| 0:59.3 | going to be anything to do with the Fed because they lowered the rates already and they don't meet till, you know, what, |
| 1:06.4 | around the first, late September, 1st October, something like that, and they're not really |
| 1:12.1 | talking about racing |
| 1:13.1 | right so I don't know what's going to be next what's going to be next |
| 1:16.3 | what's going to be in the news is going to drive the market probably it's |
| 1:19.6 | been very volatile as you all know I'm Steve Peasley and I thank you for joining me today and every day at this time and I hope |
| 1:27.1 | you'll call me with your investing questions or any questions financial will be happy to talk about. And when you do, of course you move the |
| 1:36.0 | show in any direction you want to go, and it's up to you. What do you want to |
| 1:40.0 | talk about financially is what we'll talk about. So get your questions ready because you're going to shape the show in the |
| 1:45.5 | direction that is most beneficial to you. Of course, I produce this show because I want us all to reach that goal of financial freedom. |
| 1:55.2 | And that means we need to be smarter about our money. |
| 1:58.8 | You know, it's not hard to become rich. The hard part is being disciplined. When I say that I mean |
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