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InvestTalk

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

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

4.41.5K 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?

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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 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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