1-13-2021: Will Rising Bond Yields Put Pressure On Growth Stocks?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K 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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