09-14-18: The Big Players In The Beer, Wine and Liquor Industry Are Betting On Marijuana
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 14 September 2018
⏱️ 46 minutes
🧾️ Download transcript
Summary
The Securities and Exchange Commission has warned cannabis investors to be cautious.
Today's Stocks & Topics: Dividends, Next Recession & Housing Debt, Cannabis Industry Scams, Economic Statistics, Social Media Platforms, P.E. Ratio, IBM - International Business Machines Corp., CHK - Chesapeake Energy Corp., TOL - Toll Brothers Inc., PDS - Precision Drilling Corp., T - AT&T Inc., Closed-End Funds.
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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. Good afternoon everybody and welcome to the Friday edition of Invest Talk. It is September 14th. |
| 0:27.0 | 14th. Thank you for joining. I'm Steve Peasley and the focus of our program today will be our continuing objective to better inform, better educate, |
| 0:37.0 | try to get you to understand more about how the markets work. |
| 0:42.0 | Of course, all this is an effort to improve your |
| 0:44.4 | your performance of your investments that's what we do here on Invest Talk but of |
| 0:49.8 | course it's impossible to start the show without you know talking about Hurricane Florence a little bit |
| 0:55.6 | it's been downgraded yeah but there's going to be a massive damage this storm is like |
| 1:00.4 | 500 miles wide and is bringing a ton of water. |
| 1:04.7 | So even though the winds have died down, |
| 1:06.8 | there's gonna be a lot of damage on the water |
| 1:09.2 | over the next few days. |
| 1:10.9 | So that's where the damage is going to become from. |
| 1:15.0 | Now yesterday I talked about how the hurricane could impact the market and we'll |
| 1:20.0 | see how that works out, how Florence will do that. We do know though the winds will |
| 1:26.7 | diminish. We know all about that. Okay? It's gonna be the water damage as I said |
| 1:31.1 | so keep that in mind. I don't think it's going to impact our economy in any major way, but it will have consequences. |
| 1:42.0 | Obviously for those people live in the area. it will have consequences. |
| 1:43.0 | Obviously for those people live in the area, |
| 1:45.2 | but I'm talking about the overall market. |
| 1:46.7 | There will be ripples, but I don't think anything permanently damaging. |
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