11-05-19: Risky Mortgage Bonds Are Back And Delinquencies Are Piling Up
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 6 November 2019
⏱️ 46 minutes
🧾️ Download transcript
Summary
A decade after the global financial crisis, a security with some of the same high-risk characteristics is starting to take off.
Today's Stocks & Topics: Where to Retire, Enterprise Value vs. Book Value, 401k Rollover, ISM Service Sector Report, MSFT - Microsoft Corp., SPCE - Virgin Galactic Holdings Inc., Long Term Care Policy, Value vs. Growth Stocks, Bonds, VTR - Ventas Inc.
Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields.
TRIVIA QUESTION: Which state has the most expensive COMMUTE? And which city in that state tops the list for costliest commute?
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 November 5th |
| 0:26.1 | 2019th. Well we've been watching news as we do every day right and it's always |
| 0:32.0 | pretty interesting I think things are certainly |
| 0:35.4 | churning out there changing and you know it's very interesting we lowered the |
| 0:40.0 | Fed lowered interest rates last week and what did the Fed funds rate the only rate they can The Fed |
| 0:43.0 | funds rate, the only rate they control, all the other rates went up. |
| 0:46.8 | So they lowered the rates went up. |
| 0:49.1 | Might be because they said they plan on not lowering any more, |
| 0:52.1 | any more, lowering any more anytime soon or if ever who |
| 0:55.8 | knows well not ever but you know relatively speaking so is the next move up is rates going to start moving up? I don't think so. I really don't. |
| 1:07.0 | I think they're going to stay low. I think they're going to stay low for a very long time. |
| 1:11.0 | That's what I think. The only way that they could change is if we get |
| 1:14.9 | inflation and inflation running out of control and boy that certainly doesn't |
| 1:19.4 | seem to be into cards. So we're going to have very low rates for a very long time. That's what I think. |
| 1:25.0 | So I'm Steve Peasley. I thank you for joining me today. And if you can I would like you to call me. You can call me about anything financial, any investing questions, any |
| 1:35.0 | financial questions you have, I'll be happy to talk about it. |
| 1:38.7 | And of course you drive the show when you do, when you call and whatever you want to talk about that's where we go |
| 1:43.2 | that's fine with me long as it's financial I'm with you and of course we're all |
| 1:48.2 | working toward the same goal for financial freedom and we'll get there I think we'll get |
... |
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