10-10-18: Report: Fed Chairman Powell Has Cost Stock-Market Investors $1.5 trillion In 2018
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 β’ 1.5K Ratings
ποΈ 11 October 2018
β±οΈ 48 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
The S&P has suffered a repetitive decline following three rate-setting news conferences by the Fed leader.
Today's Stocks & Topics: Global Economy, Market Sell-Off, Social Security Benefits Increase Coming, General Market Volatility, Crude Oil Prices, LRCX β Lam Research Corp., Ycharts, AAL β American Airlines, BOX β Box Inc. CIA, TPH β Tri Pointe Group inc.
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| 0:00.0 | Invest Talk listeners ask Steve and Justin what they use for their winning investment research |
| 0:06.4 | and the answer is WhyCharts. Quality data with easy to use tools. |
| 0:11.5 | Start your free trial now at yCharts.com. This podcast is produced by |
| 0:18.0 | KPP Financial Steve Peasley President, KPP Financial, Independent Thinking, Shared Success. |
| 0:27.0 | And now today's podcast. Good afternoon everybody and thanks for joining me today on a vest talk. I'm Steve Peasley and it's October 10th, 2018. |
| 0:45.8 | It's amazing how fast October, you know, the months just fly by. |
| 0:51.2 | And I really feel sorry for those people in Florida. |
| 0:53.7 | I'll tell you what, I used to live on the northeast and they used to think I was crazy |
| 0:57.7 | as being in California and all those earthquakes. |
| 1:00.6 | How about the tornadoes and hurricanes and things? |
| 1:04.0 | Yeah, this is the second major one that's hit the Florida area |
| 1:09.0 | and this one's going up north, you know, Florida, Alabama, Georgia. |
| 1:13.0 | Yeah, it's a tough thing. |
| 1:17.0 | And this is a category number four, so it's a big one. |
| 1:20.0 | Yeah, the governors of those three states, Florida, Alabama, Georgia, have all the governors of those three states Florida Alabama Georgia have all declared you know a state of emergencies |
| 1:26.9 | And remember a category four is very strong was a hundred and sixty five miles an hour winds? |
| 1:35.0 | I mean that's going to knock buildings that have been there since the Civil War. |
| 1:38.0 | It's going to knock them down. |
| 1:40.0 | It's going to happen. |
| 1:41.0 | There's a huge powerful storm surge of water from the ocean too. |
| 1:46.8 | So, I don't know, it's a tough situation in those people and we gotta pray for them, that's |
| 1:52.4 | for sure. The objective |
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