10-15-18: 15 Million People A Year Use At Least One 'Small-Dollar' Credit Product
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 16 October 2018
⏱️ 47 minutes
🧾️ Download transcript
Summary
But now, 'on-demand payment' companies let workers decide when they’re paid-- without the outrageous interest charges.
Today's Stocks & Topics: PEY - Invesco High Yield Equity Dividend Achievers ETF, APPL – Apple Inc., AMZN - Amazon.com Inc., JPM - JPMorgan Chase & Co., Pension Plans, Research on an investment idea, Elon Musk says 'short-sellers' should be illegal. What is the software that Steve and Justin use for research, filtering, and charting? Answer: YCharts.
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/brandsTranscript
Click on a timestamp to play from that location
| 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. Hello everyone and welcome to Invest Talk and thank you for joining us on this Monday afternoon. I'm Justin Klein and it is already October 15th. |
| 0:47.0 | So a couple weeks into the fourth quarter approaching the, I guess we're in the fall, approaching the holiday season, and time seems |
| 0:57.5 | to be moving fast and lots of interesting financial news today. |
| 1:03.6 | markets are moving fast and the retail sector development that no one would have predicted |
| 1:07.8 | 20 years ago now has occurred. |
| 1:11.7 | Sears has filed for bankruptcy. |
| 1:14.0 | Obviously that's a sad story, and the long and winding road to decline and insolvency was a torturous path for Sears and its investors and employees. Sears retirees have to be a bit |
| 1:26.9 | skittish because their pension monies are not fully funded either. So we'll see |
| 1:31.4 | what happens with that. But the Sears story, at least the very least, is an object |
| 1:38.3 | lesson in how not to bet the company's fortunes in many ways. |
| 1:45.0 | And a lot of people could see this coming, but this is kind of the start I think and the cause of this has been has been long time coming |
| 2:01.4 | but the timing of it has a lot to do with what is |
| 2:07.1 | happening in the bond market the stock market and just the liquidity markets in general. |
| 2:14.3 | Zero money, the cost of money has been next to zero for almost a decade now and it's starting to tick up with the Fed raising rates |
| 2:24.6 | and it's rising and it's not a coincidence that you're seeing the likes of |
| 2:29.3 | J.C. or sorry Sears probably J.C. Penny next go bankrupt Tesla next you know a lot of companies |
| 2:36.8 | that have been floated based on very low |
| 2:49.6 | Costs of capital into a business that just is dying or is structurally bankrupt. |
... |
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.