10-04-19: Services Sector Survey Shows U.S. Economy Weaker Than Expected
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 4 October 2019
⏱️ 47 minutes
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Summary
The services sector continued its expansion in September-- but at a considerably slower pace than anticipated.
Today's Stocks & Topics: The Downside of Free Trading Fees, Mortgage Re-Defaults, IBOC - International Bancshares Corp., What to Look Before Buying a Stock, SONO - Sonos Inc., XLE - Energy Select Sector SPDR ETF.
Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields; TRIVIA QUESTION: "Can you name the LAST auto manufacturing company to be publicly listed in a U.S. stock market? And before that event, which was the NEXT MOST recently listed car company-- and in which year did it go public?
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
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| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to Invest Talk it is Friday October 4th |
| 0:25.8 | 2019 and well we've all been watching the news as we do every day all this |
| 0:32.1 | week and you certainly saw the market today had a big |
| 0:35.0 | up day two big down days Monday Tuesday and then kind of a nothing minst day up yesterday |
| 0:42.4 | and up today big update lots of volatility |
| 0:46.5 | that's just it's just volatility what can I tell you we had some news jobs |
| 0:51.8 | reports we'll talk about that later on that probably withdrew it |
| 0:54.5 | But it wasn't that great I'm not sure what drove it I mark it up I'm Steve Peasley and I thank you for joining me today |
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