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
4.4 • 1.5K 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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