10-25-21 -- Wall Street Seeks To Change The Struggling SPAC Market
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 26 October 2021
⏱️ 45 minutes
🧾️ Download transcript
Summary
Special purpose acquisition companies raise money on the public markets and they have come under scrutiny for disproportionate insider benefits and lucrative incentives, oftentimes at the expense of retail investors.
ALSO in this podcast: Anheuser-Busch InBev S.A. - BUD, International Business Machines Corp. - IBM, Moody's Corp. - MCO, Digital World Acquisition Corp. - DWAC; Roth IRAs, SPAC market, Bonds, Potential taxes on billionaires, Inflation and its potential effect on crypto space, Digital payments can be problematic, iTunes question on IPOs--GlobalFoundries.
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Transcript
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, KPP Financial, |
| 0:12.6 | Independent Thinking, Shared Success, and out to today's podcast. |
| 0:19.5 | Good afternoon fellow investors and welcome to Invest Talk. |
| 0:26.1 | This is our Monday, October 25th, 2021 edition of Invest Talk and we are living in interesting times |
| 0:33.8 | and there's a lot of data and information coming at you and my job here every weekday is to |
| 0:42.0 | help you weed through the noise and focus on managing your assets in an effective |
| 0:50.6 | and thought worthy way where you're taking into consideration pros and cons, |
| 0:58.8 | your end goals and making sure you are allocating towards that based on current market, |
| 1:05.0 | current economy, etc. Also making good financial decisions. So spending less than you make |
| 1:10.9 | savings consistently and tax deferred accounts, things like that. That's what I'm here to do, |
| 1:20.5 | is to help you take that next step in your own version of financial freedom and I'm going to do |
| 1:26.3 | that by operating with my mission statement which is as always independent thinking and shared |
| 1:30.4 | success and so that means whatever I'm talking about stock sector strategy I'm here to present |
| 1:36.5 | all without bias and give you the facts as they see them and using my 20 plus years of investment |
| 1:43.2 | experience and of the data in front of me. So I'm just inclined and of course I encourage you to |
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| 2:08.1 | the number never changes 8 to 8 99 chart so let's get to our first listener question now. |
| 2:12.9 | Hello I was just calling to get your thoughts on and I have your push to your symbol bud B U E D |
| 2:20.0 | up to about $79 in June now it's trading around 56. I'm down about 12% right now. I'll just |
... |
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