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InvestTalk

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

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

4.41.5K 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

Click on a timestamp to play from that location

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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