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InvestTalk

10-24-19: Cryptocurrencies Have Come Under Fire From Congress And Bitcoin Has Plunged

InvestTalk

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

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

4.41.5K Ratings

🗓️ 24 October 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

While some analysts say Facebook’s plans have put crypto on the map, they have also brought new scrutiny to the technology.

 

Today's Stocks & Topics: WMB - Williams Cos., AYX - Alteryx Inc. Cl A, ORI - Old Republic International Corp., APPS - Digital Turbine Inc., Pension Plans, Fractured Shares, Zero Commissions, OLD - Long-Term Care ETF, Looking for Good Company Fundamentals.

 

Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Treasury Yields; Mortgage Rates, TRIVIA QUESTION: "In the U.S., which company has the BIGGEST market capitalization? AND-- which company has the HIGHEST profit margin?"

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Transcript

Click on a timestamp to play from that location

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 Thursday October 24th

0:25.5

2019 and of course you know always is every day lots of news next week it's going to be

0:32.2

full of economic news and kind of

0:34.8

interesting stuff going on. This week kind of a pretty dull week as far as

0:40.7

economic news but a pretty exciting week as far as earnings reports.

0:45.7

This is a pretty big earnings week this week.

0:48.6

So that's what's happening today.

0:51.2

Nothing really driving the market markets one way or another really

0:56.6

so that's not you know I think that's going to continue but I think that's only going to

1:01.7

continue till next week I think we're going to have some bumpy ride. I can see it happening.

1:07.0

Because we have the Fed meeting next week, we have the first look at the third quarter GDP next week and a lot of economic statistics

1:15.8

coming out besides more earnings reports.

1:19.8

So I think next week is going to be kind of a little bit exciting maybe maybe

1:24.7

Anyways I'm Steve Peasley and I thank you for joining me today. And I sure hopefully

1:29.3

certainly hope you'll call me as well with your investing questions anything financial

1:33.6

we'll talk about and that when you do you're gonna you take charge of where we're

1:38.0

gonna go where the show goes and that's up to you many people call about stocks and I too try to make it more interesting to a wider group but we can talk about anything financial.

1:49.0

And of course it's always the same. We're trying to make us all better investors.

1:54.0

And because of the goal we all set for ourselves and that's financial freedom.

...

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