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InvestTalk

10-22-19: Corporate Buybacks Are “Plummeting” As Companies Tighten Cash Outlays Amid Global Slowing

InvestTalk

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

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

4.41.5K Ratings

🗓️ 22 October 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

Throughout 2019, S&P 500 cash spending is expected to drop by 6%-- the sharpest annual decline since 2009.

 

Today's Stocks & Topics: EGO – El Dorado Gold Corp., Earnings, SPLK - Splunk Inc., PFFR - InfraCap REIT Preferred ETF, Universal Life Insurance, MYGA: Multi-Year Guarantee Annuities, Gold.

 

Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields; TRIVIA QUESTION: "Can you name TWO 2019 IPOs that have done very well-- and TWO IPOs that have proved, so far, to be horrible investments?"

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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.

0:15.0

And now today's podcast.

0:17.0

Good afternoon everybody and welcome to Invest Talk. It is Tuesday October 22nd,

0:26.4

2019. Well we've been watching the news as we do every day. I really keep an eye on all financial news and unfortunately

0:36.2

I have to keep an eye on political news too which I don't really care for. But you have to

0:41.6

because it affects the financial new

0:43.1

It affects the markets

0:45.3

It's always turning always changing always going in different directions, but we got to keep up with it

0:52.2

Now, fortunately I like keeping up with the financial news.

0:55.6

That's enjoyable to me. And of course there's always those different things that play pushing the market around and I'm hoping you're listening to the news show

1:06.4

to try to get some unbiased opinion and guidance about what's going on in the news.

1:15.8

I'm Steve Peasley and I thank you for joining me today and I hope you'll give me a call because you really drive the show to your advantage to wherever you

1:19.7

want it to go. You shape it. You know, as long as it's financial, I'm on board with you. So remember,

1:27.8

our goal here in the Vessock is to help you achieve that, you know, elusive goal of financial

1:31.9

freedom and that means, you know elusive goal of financial freedom and that means you know we want to make you a

1:35.6

better investor simple as that and we can do that by you know partaking in an

1:41.6

independent thinking philosophy to share success with everybody.

1:45.2

So how do we do that? How do we get there? Well, you drive the show, you help us.

1:50.5

What's interesting to you is interesting to a lot of other people.

1:53.0

Maybe not the individual stock picks, because not everybody wants your stocks or you think about it,

1:58.0

but at least I'm going to try to move that, think that's individual stock pick of yours to a broader thinking

...

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