This podcast is produced by KPP Financial, Steve Peasley President,

KPP Financial, Independent thinking, shared success, and now today's podcast.

Good afternoon fellow investors and welcome to Invest Talk. This is our Thursday, October 8th, 2020 edition of Invest Talk. I appreciate you all tuning in today and I'm excited to bring you

some information some perspective and to answer as many of your questions as we possibly

can and now that we are in the fourth quarter, just about what,

25 days away from election day, earnings are going to start trickling in next week, and we know we're still in the midst of somewhat of a wild ride

when it comes to the economy and the markets. Clearly there's a lot of support from Central Banks, but more importantly there is likely to be continuing support for from, excuse me, from governments in on the fiscal side which really hasn't been explored for a

while it's why all these central banks are urging them to spend money and

that's why you saw a big sell-off yesterday on the back of

sorry the day before yesterday excuse me on the back of Trump tweeting that

there was not going to be a stimulus who He was calling it all off until after the

election the market didn't like that. Well you know what Trump doesn't like more

than anything? Seeing the stock market sell off and so what did he do? He called

his Treasury Secretary Steve

Minutian and others on the street on Wall Street not Wall Street in

Washington to get back to the table and pushing one-off deals but it doesn't look like the

Democrats are playing ball. Pelosi says we want a larger deal not these

one-off deals and that's why I think the market, after the last couple

of days, is a little too optimistic that this deal could go through. Now I could be wrong. I absolutely

could be wrong, but I don't see a lot of incentive for incentives for the

Democrats to give in right and pass a package that doesn't reflect their ideals and what they want to spend money on.

They have 25 days to the election.

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