10-25-19: Durable-Goods Orders Slip 1.1%-- A Bad Sign For The U.S. Economy?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 26 October 2019
⏱️ 47 minutes
🧾️ Download transcript
Summary
The continuing U.S-China trade conflict has disrupted the global economy, left business scrambling for new suppliers and dampened investment.
Today's Stocks & Topics: Is $1 Million Dollars Enough to Retire On?, Tariff War, Capital Gains Taxes, BAC - Bank of America Corp., Japanese Like Collapse, Consumer Sentiment Report, VMW - VMware Inc., 529 Plan, Dividend Payout Ratio, Investing in the Market.
Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields; TRIVIA QUESTION: "In terms of market valuation, how much money did Bezos lose yesterday? And what is his approximate net worth today?"
Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me * Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai * Check out Progressive: https://www.progressive.com * Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com * Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com * Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com * Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com Advertising Inquiries: https://redcircle.com/brandsTranscript
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. |
| 0:20.0 | Welcome to Invest Talk it is Friday October 25th |
| 0:25.6 | 2019th and another day another week and you know we're almost done with a month of October it's amazing to me how fast things go by |
| 0:36.9 | so that's just the way it is I guess we get just day by day things move and we just have to put up with it. There's certainly nothing |
| 0:44.0 | we can do about it. Not much about Wayne that economy news this week. I don't know if you |
| 0:48.7 | notice that. We had a lot of earnings reports though. A lot of earnings reports. So maybe we can get a little bit more detail |
| 0:55.4 | into those. California wildfires are you know it's is something that's |
| 1:01.8 | unpredictable right? |
| 1:03.6 | The Power Utility Company PG&E is being blamed again for the fires, and |
| 1:08.9 | now a prominent analyst is predicting that PG&E stock could be worth zero. It's five dollars now. We |
| 1:15.0 | will halt the trade today and then restarted. You know I've had people call me in |
| 1:20.7 | the last year to buy I buy P&E? |
| 1:23.0 | I mean, it's an utility. |
| 1:24.0 | It can't go out of business. |
| 1:25.0 | Yes, they can. |
| 1:26.6 | They can, you know, the, when I say it can't go out of business, |
| 1:29.5 | well, what it could do is reorganize, |
| 1:31.3 | get rid of all the shareholders they get zero and then |
| 1:33.4 | come back out but don't don't you know it's not a good investment never never |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.