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InvestTalk

1-7-2021: Mortgage Rates Ended 2020 Near Record Lows But Homebuyer Demand Pulled Back Sharply

InvestTalk

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

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

4.31.5K Ratings

🗓️ 8 January 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

The stunning surge in home buying, brought on by the coronavirus pandemic, may finally be easing up.



Today's Stocks & Topics: KLAC - KLA Corp., OKE - ONEOK Inc., VWAGY - Volkswagen AG 1/10th ADR, COST - Costco Wholesale Corp., TSN - Tyson Foods Inc. Cl A, Sector Spotlight: Luke Peters - CEO – NewAir, DKNG - DraftKings Inc. Cl A, Roth Conversion.



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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 fellow investors and welcome to Invest Talk. This is our

0:27.8

Thursday January 7th 2021 edition of Invest Talk and I appreciate you all tuning in for this hour.

0:35.8

I'm going to do my best to make it informational and interesting for you and help guide

0:42.1

you into making better financial decisions.

0:45.0

Not just investment decisions, but financial decisions overall.

0:49.0

So we're going to cover a lot of different topics,

0:52.0

but most importantly, the topics that you bring to the table, right?

0:55.6

Your calls, those are the most important thing that drives this show, drives the narrative,

1:02.0

drives what we discuss each and every day.

1:05.0

So we appreciate your calls and we're excited to get to those as well.

1:09.4

Now clearly yesterday was quite the day in American history and it just goes back to reminding me to mention that everybody should have read the fourth turning I hope everyone has I know I

1:24.7

talked about a lot kind of when the pandemic hit but I still think it's very

1:29.6

pertinent to today and I think this entire decade that we have going forward.

1:34.8

So it's crucial book gives a great history lesson, the cycles of history, and where we are.

1:43.5

And what comes typically in times like this, crisis periods,

1:47.5

and what comes next, which is the spring, which is good time, right?

1:51.8

The first turning, which is when things have changed dramatically

1:56.0

and the world is better for it. And I think we're all excited for that time, but we have to live through times like this so

2:04.3

hopefully everyone stays safe out there and once again I appreciate you all for

...

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