08-30-19: Opinion: America’s CEOs Have Turned Against Their Shareholders

InvestTalk

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

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

4.4 • 1.5K Ratings

🗓️ 30 August 2019

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Business Roundtable (BRT), an association of the most powerful chief executive officers in the U.S., announced this month that the era of 'shareholder primacy' is over.

Today's Stocks & Topics: Social Security Changes, Worst Month of the Year, The Most Expensive And Affordable States To Buy A House, Recession, 2-year treasury yield: 1.53%, 10-year treasury yield: 1.52%, Gold: $1,527.82 per ounce, Bitcoin: $9,583 per coin, Oil: $56.24 per barrel, Gasoline: $2.58 per gallon on average, Consumer Sentiment Number: 89.8, EWZ - iShares MSCI Brazil ETF, Young Investor & Retirement, REITs, Real Gold Bars with Fake Labels, DIS - Walt Disney Co.

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 everybody and welcome to Invest Talk it is Friday August 30 of 2019 and
0:27.6	well you know market was pretty the week was pretty exciting and it actually was an up week a positive week for the market this week
0:36.6	Which is kind of unusual so it was a pleasant surprise and you, we have all kinds of news out there,
0:44.2	trade negotiations, economic reports,
0:46.6	and of course now the big news of the hurricane
0:48.9	targeting Florida.
0:50.9	And it's supposed to be a category 3 now, but maybe category 4 by a time it hits shore.
0:56.0	So, and it's moving very slow, that means it's going to dump a ton of water, lots of flooding.
1:01.0	So hopefully, you guys out there in Florida will take shelter anyways.
1:07.6	The market has gone up, then it's gone down, it's going sideways. I mean for the last couple of months nothing but
1:15.0	sideways nothing exciting going up or down and it's been driven by news now that
1:20.0	earning seasons is behind us it it's always about news.
1:23.6	And so, you know, whatever's in the news is driving it.
1:27.8	And of course, the big news of the day
1:29.7	is trade talks with China, right?
1:31.8	I mean, that's what the big news is.
1:33.5	Till something else comes along,
1:35.5	we're gonna be focused on that.
1:36.7	Investors and traders are gonna be focused on that.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.