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InvestTalk

10-16-2020: The COVID-19 Pandemic Has Made Open Enrollment Research Critical

InvestTalk

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

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

4.41.5K Ratings

🗓️ 16 October 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

About 157 million Americans rely on employer-sponsored coverage and this year it could be vitally important to closely examine workplace health-care plan options.



Today's Stocks & Topics: MELI - MercadoLibre Inc., IIVI - II-VI Inc., Retail Sales, PFE - Pfizer Inc., Top Ten States wit Unemployment Rates, Investing Equity Money in Energy Stocks, VZ - Verizon Communications Inc., NTDOY - Nintendo Co. Ltd. ADR, VZ - Verizon Communications Inc., SHLX - Shell Midstream Partners L.P., PSX - PPhillips 66 Partners LP, EPD - Enterprise Products Partners L.P., SE - Sea Ltd. ADR, BNS - Bank of Nova Scotia.



TRIVIA QUESTION: "In what YEAR was Coke's "Tab" product first offered for sale? And if you had purchased ONE share of Coca-cola stock for $40-- at its IPO in 1919--WHAT kind of value would that single share have today?"



Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.



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Transcript

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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 Friday October 16th halfway through the month

0:27.2

20

0:29.0

So the first month of the fourth quarter we're going to get GDP numbers for the third

0:34.0

quarter and let's see probably another week or so so we'll look bad at the

0:40.6

third it's going to be a very good quarter because remember where

0:43.4

it's coming from the second quarter so it's going to be a very strong

0:47.8

quarter but don't don't be misled that that means the economy is strong

0:52.3

not necessarily just that we're growing in the right direction.

0:55.9

We got long ways to go.

0:57.3

So we're moving pretty fast through the corridor, as we always do.

1:01.0

It seems like time goes by so fast and it has been a crazy ride all

1:05.3

year and I expected to remain kind of actually I think I think the market's

1:11.8

going to calm down this quarter a little. I do because we're

1:15.2

going to have the election is going to be past us and it's usually a good time of

1:19.8

the year the fourth quarter of the year is generally good and you know I mentioned the statistics

1:25.1

after a presidential election the market usually does fairly well doesn't matter

1:31.0

who was elected you know for the first six months anyways.

1:35.0

So, yeah, I think we'll be fine. I think everything's going to be okay.

1:39.0

The market is right now struggling with direction. It doesn't know whether it should keep going up down

1:43.9

sideways so my my guess is a little bit sideways that's my guess and that is a

...

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