10-07-2020: Would A New Stimulus Package Produce A Sustained Market Rally?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 8 October 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
One analyst says that, historically, stimulus programs can play a role as a rally catalyst-- under certain conditions.
Today's Stocks & Topics: AZO - AutoZone Inc., Dividend Reinvestment Plan (DRIP), Retirement Funds, T - AT&T Inc., MMM - 3M Co., SCCO - Southern Copper Corp., RGEN - Repligen Corp., Selling.
TRIVIA QUESTION: "Everyone wants to hit a 'home run' with their stock picks-- but for most investors, this is probably not a realistic objective. Nevertheless, it is TEMPTING TO THINK ABOUT. So, just for fun, WHICH are the 'Most Expensive Stocks in the World'?"
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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. It is Wednesday October 7th, |
| 0:25.7 | 2020 and we're now in the fourth quarter. Earnings |
| 0:29.7 | supporters will start soon. You know the third quarter earnings numbers for corporations |
| 0:35.2 | that come out. They trickle out the first week which is this week and they build up |
| 0:39.5 | or more reports. By a third week we got a ton of reports coming out. So we're looking forward to that. We'll see how that turns out. |
| 0:49.4 | Looking back from today's vantage point to where we were a year ago, knowing how the economy was |
| 0:54.8 | booming then and aware of how the markets were reacting, it certainly has been a |
| 0:59.9 | wild ride for us investors. That. |
| 1:03.0 | And now less than one month from election day, |
| 1:06.0 | the political uncertainty is contributing to market dynamics |
| 1:10.0 | and there's another debate tonight, |
| 1:12.0 | vice president debate, but there's another debate tonight vice president debate but there's another |
| 1:14.4 | one COVID-19 the coming election geopolitical tensions all cause |
| 1:19.3 | uncertainty and you know what that means that uncertainty fuels market volatility. |
| 1:26.0 | So you've got to be prepared for it. There's going to be continuing |
| 1:30.0 | volatility. Just learn this is a really good learning period. Learn to compensate for it, to understand |
| 1:38.1 | that this is volatility. It's not necessarily bad. It's not necessarily good. It's just up and down, up and down and try to relax through it. |
| 1:47.0 | I'm Steve Peasley and today in this program and podcast, I'll do my best to provide unbiased answers. |
| 1:52.0 | To your finance and investment questions. |
| 1:55.2 | This is a call and show. I know you want some strategies, you want some help with stocks, |
... |
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