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InvestTalk

1-13-2021: Will Rising Bond Yields Put Pressure On Growth Stocks?

InvestTalk

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

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

4.31.5K Ratings

🗓️ 14 January 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

The yield on the benchmark 10-year Treasury influences mortgages and other lending rates and it hit its highest level since March 2020.



Today's Stocks & Topics: BAH - Booz Allen Hamilton Holding Corp.,

FB - Facebook Inc. Cl A, MSFT - Microsoft Corp., Estate Planning, Hydrating Technologies, BFT - Foley Trasimene Acquisition Corp. II Cl A, HD - Home Depot Inc., LOW - Lowe's Cos., GM Electric Vans, Paying Off Your Loan Debt, PINS - Pinterest Inc., Ex-Dividend Date, FRO - Frontline Ltd., APPS - Digital Turbine Inc.



TRIVIA QUESTION: "WHEN (which year) did cryptocurrency first emerge? AND--WHAT is the nickname given to what is generally regarded as the first "block" of the Bitcoin network's blockchain?"



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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.

0:15.0

And now today's podcast.

0:17.0

Good afternoon everybody and welcome to Invest talk it is Wednesday January 13th 2021

0:27.1

Appreciate you being with me today now we're all aware of the coming changes and the stock market is looking ahead but there certainly is going

0:36.2

to be a lot of turmoil okay no one knows well when that when both houses and the presidency are with one president No one

0:45.0

president, when both houses and the presidency are with one president, with one party,

0:47.0

the stock market tends to get pretty nervous about that.

0:51.0

Remember what the stock market likes? The stock market likes certainty, okay?

0:56.4

And it doesn't really care for uncertainty. So even though with a Democratic president, prospects of higher stock market are pretty good.

1:05.0

That they're higher spending.

1:07.0

You know, we're going to come out with another spending package.

1:09.0

But still, the stock market overall generally likes certainty and with a split government it knows

1:17.3

the it meaning the stock market the participants knows there's not going to be a great

1:21.7

number of large changes.

1:24.0

That's what it prefers.

1:27.0

Anyways, of course, certain sectors are going to work very well.

1:30.0

And certain sections work very poorly, so it depends on where you are, right? So we're all going to have to keep an eye on it. So it's a puzzle. We just, you know, with a pandemic fallout and a vaccine coming out and how long is that going to take and how long before we can get back to a normal life.

1:48.6

All that stuff is uncertain.

1:50.2

We don't really know for sure.

1:51.6

But it looks, and of course you got the politics

1:55.4

that is a bunch of theater at this point lots of theater going. So but you as an

...

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