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
4.4 • 1.5K 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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