meta_pixel
Tapesearch Logo
Log in
InvestTalk

09-04-19: Notable Investor Warns Of ‘Serious Problems’-- Reminiscent of The Late 1930s

InvestTalk

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

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

4.41.5K Ratings

🗓️ 4 September 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

Hedge fund titan Ray Dalio is worried that the current landscape is starting to resemble Depression-era conditions that could hammer investors.


Today's Stocks & Topics: U.S. vs. World Currency, Executor of Estate, Beige Book Report, Bad Sectors, Gold: $1,549 per ounce, 2-year treasury yield: 1.47%, 10-year treasury yield: 1.47%, 20-year treasury yield: 1.77%, 30-year treasury yield: 1.95%, Bitcoin: $10,414 per coin, Oil: $55 per barrel, Gasoline: $2.57 per gallon-- national average, TM - Toyota Motor Corp. ADR, PODD - Insulet Corp., Interest Rates, REITs & Dividends, SLS - SELLAS Life Sciences Group Inc.

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 Wednesday, September 4,

0:25.8

2019th and I appreciate being with me as you are every day. I do appreciate your

0:32.2

efforts to listen. Now we know that the news is

0:35.2

always changing and always affecting the market and of course we saw it affect

0:39.7

the market today the reason why the market was up is because Hong Kong's mayor or wherever the

0:45.4

title is withdrew the legislation making allowing for

0:51.4

criminal allowing for criminals to be sent to China, mainland China.

0:59.0

And that was the start, that legislation started the whole mess there months ago but since he withdrew it

1:05.5

and of course the markets thought well that's a positive time but we'll see I think it's too early

1:09.6

yet and of course Hurricane Dorian is pretty much missing Florida.

1:14.9

It's dumping a lot of water, a lot of energy there, but it's not doing the devastation

1:19.2

that that was at first feared.

1:21.7

And so that's driving the news and the hurricane is moving up the coast and we don't know exactly where it's going to hit.

1:27.0

And it's been downgraded and it's no longer the danger it was. This is going to produce a lot of flooding I think along the coast.

1:36.0

So everybody out there in that area, just be careful.

1:40.7

Summer has ended and through everything the market has gone up and down sideways.

1:46.5

I told you it's going to be very volatile and volatile to the downside and we haven't really lost that much ground really and we haven't

1:58.4

had a 10% correction yet.

2:00.7

We're now into September and September is known for being the worst month of the year.

...

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.