meta_pixel
Tapesearch Logo
Log in
InvestTalk

10-11-19: Yield Curve 'Father' Says Now Is Time To Prepare For Recession

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

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

4.41.5K Ratings

🗓️ 11 October 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

The 3-month Treasury has been in an inverted yield curve since May, and one opinion argues that assets can be better managed when the economy is booming.

 

Today's Stocks & Topics: HABT - Habit Restaurants Inc. Cl A, Treasury Debt, Where Do Your Paycheck Go?, Annuities, CBLK - Carbon Black, Inc., VMW - VMware Inc., MO - Altria Group Inc.

 

Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields, 30-yr fixed mortgage rate, Consumer Sentiment Index; TRIVIA QUESTION: "Over the 119 years since the beginning of the 20th century (which was 1900), what percentage of that time has the U.S. been IN A RECESSION?"

Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me * Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai * Check out Progressive: https://www.progressive.com * Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com * Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com * Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com * Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com Advertising Inquiries: https://redcircle.com/brands

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.

0:15.0

And now today's podcast.

0:17.0

Good afternoon everybody, and welcome to Invest Talk. It is what today it is 11th of

0:26.7

October. Wow that's really great. Yeah that's that's amazing days goes by so fast.

0:32.1

So it is the 11th of October. I appreciate you being with me. This is Invest Talk.

0:36.0

And of course things are constantly churning and changing out there in the marketplace in the news and economic news as well as you know just political news and the

0:46.1

big story today was trade in a tentative partial agreement on it with China.

0:52.1

Gee big surprise, huh? Now the reason why I say G big

0:56.5

surprise is good don't you think that there's going to be an agreement

0:59.5

before Trump starts seriously getting into the campaign for re-election?

1:04.6

Of course you do, right?

1:05.8

I've told you, we talked about it.

1:07.4

But so this is just one step,

1:09.4

and there'll be some more agreements,

1:11.0

and he'll point to himself and say how the great job he did, right?

1:15.0

That's just going to be what it is.

1:17.0

That's how that's how it's going to be.

1:20.0

So we just, I think you should expect it the market liked it the market liked that kind of news

1:25.9

And this kind of this whole week the market was doing quite well actually had a good week after a couple of weeks of not so good

1:36.6

So the week was pretty pleasant from a stock market point of view. Still, we are still, I wrote in the newsletter that we are in a constant battle to try to break above our old highs

1:46.6

set a year ago September.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.