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InvestTalk

09-16-2020: Are There Serious Risks In The Fed's New Strategy?

InvestTalk

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

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

4.41.5K Ratings

🗓️ 16 September 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

The big issue in the world of central banking is last month’s official pivot to average inflation targeting-- but a rapid recovery means a faster pace of inflation.




Today's Stocks & Topics: The Fed, SO - Southern Co., K - Kellogg Co.,

CLX - Clorox Co., BGS - B&G Foods Inc., IP - International Paper Co., PLTH - Planet 13 Holdings Inc., WRK - WestRock Co., DECK - Deckers Outdoor Corp., Eli Lilly and Company.



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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, and now today's podcast.

0:17.0

Good afternoon everybody and welcome to Invest Talk. I'm Steve Beasley and I appreciate you being with me. It is September 16, 2020 Wednesday.

0:30.0

So if you're anything like me, you're sure feeling that time is slipping by pretty fast.

0:35.0

I know for as you get older, have you noticed the time goes by much faster than when you were younger.

0:40.0

And it can't seem to speed up as you get older. That's for me anyways. Anyways.

0:46.6

I appreciate you being with me. We've got 10 trading days left in September and this of course is the third quarter and we'll start

0:54.5

the final quarter of the year and usually the fourth quarter and the first quarter of the

1:00.3

year are positive quarters it's usually the middle two quarters are not necessarily

1:06.4

positive, they're just not strong as the third and fourth. So I don't know if that's going to be

1:11.5

through this year because there have been so many things that have been odd this year.

1:15.0

It's been a very eventful year.

1:17.0

And as making patterns that we normally see, not react.

1:22.0

For instance, we should should the banking should be leading the market

1:26.0

with the tech stock but tech lead out of the slump but banking certainly hasn't.

1:31.0

So it's just odd things are not normal. And again I'm Steve Peasley

1:36.9

and you're listening to our podcast and program here and I'm here to answer any of your questions any

1:45.2

financial questions I know you want some strategies and some help and we all have to

1:51.0

deal with the volatility and it's still going to continue I can't see how it's going to stop anytime soon

1:56.4

Now volatility does not necessarily mean bad. It could be a volatility. It's just more movement in market, up and down. That's what

2:05.7

volatility means. Movement. But the show is driven by you and your calls and

2:10.8

the number is 88899 chart 88 9924 278 so you can call right now.

...

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