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InvestTalk

10-18-18: Report: Uber Could Be Valued at $120 Billion in Possible IPO

InvestTalk

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

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

4.41.5K Ratings

🗓️ 18 October 2018

⏱️ 48 minutes

🧾️ Download transcript

Summary

Banks have advanced proposals for an initial public offering to value the ride-hailing company at almost double its recent valuation.

Today's Stocks & Topics: SH - ProShares Short S&P 50, Mortgage Rates, Analyst Who Predicted The 2008 Crash Warns Of Bubble Brewing In U.S. Household Wealth, Suze Orman, Financial Planner Fees, BGS - B&G Foods Inc., Best Industries to Investment Right Now, Interest Rates, LUV - Southwest Airlines Co.

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Transcript

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.

0:30.0

Good afternoon everybody and thank you for joining me today on Invest Talk. It is already

0:38.5

October 18th and I'm Steve Peasley and I welcome you to our weekday financial program that is geared to helping you grow and protect your money

0:47.0

All your investments

0:49.2

And I say a weekday because we do the show live Monday through Friday at 4 o'clock specific time, 7 o'clock each time,

0:56.9

but of course we quickly post each day's program to our podcast player page on Invest Talk.

1:02.1

com. It's Invest Talk. podcast player a page on on on invest talk.com.

1:03.0

It's invest talk.com.

1:05.0

So you can listen to the show later, download it later and tell your friends

1:10.0

and tell your friends about us, I would appreciate that. The S&P and the Dow and the NASDAQ all opened down about about one third of 1% this morning and then got weaker as a day went on. I bet many of you are wondering, is it over

1:27.6

with? Has the storm passed? Well, we'll see, I didn't think it was when it was up the two or three

1:35.1

points day before yesterday and everybody was, I was getting a lot of emails as

1:40.9

a time to get back in and I'm not no not yet so now it gave

1:45.9

back almost all of the game and made day before yesterday very volatile market very

1:52.1

predictable and we told you it was going to happen many times in the last month

1:56.2

that we were going to say October was going to be probably pretty darn volatile.

2:01.7

So you just have to be ready and it's probably not over. We'll see. We'll see.

2:07.0

Just just relax.

...

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