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
4.4 • 1.5K 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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| 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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