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InvestTalk

11-08-19: ENCORE - Trump Advisor Hassett Expects Economy To Defy Earlier Doomsday Predictions With 3% Growth

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

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

4.41.5K Ratings

🗓️ 8 November 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

Stronger economic data has signaled a continuation of the 3% growth rate from the fourth quarter of 2017 to Q4 2018.

 

Today's Stocks & Topics: The Housing Market, Fun Performance, Becoming a Trader, Short Sale vs. Put, Gold Coins, 200 Day Moving Average, Caps, New Investor, Credit Card Debt, Roth I-R-A, Annuities.

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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, and now today's podcast.

0:17.0

Good afternoon everybody and welcome to Invest Talk. I'm Steve Peasley and I want to take

0:27.0

a little minute little time here to thank everybody yesterday who met with me at San Jose.

0:31.7

As you know I was in San Jose all day yesterday talking with people

0:35.4

and it was kind of interesting. I always enjoy it because everybody has such interesting

0:40.1

stories about their lies and where they're going financially, where they've been.

0:44.4

It's kind of fun, really, for me anyways.

0:48.1

But I want to thank everybody who met with me yesterday.

0:51.3

I appreciate that. And of course, you guys who didn't meet with me yesterday, I appreciate that.

0:52.8

And of course, you guys who didn't meet with me,

0:55.2

you're welcome to call and ask your investing questions.

0:58.2

We do this every day, Monday through Friday,

1:00.5

same hour, Monday through Friday,

1:02.3

4 to 5 Pacific time.

1:03.0

Been doing it for 20 plus years.

1:06.0

Now, when you do call, of course, you are driving the show,

1:11.0

you're taking the places you want to go. It's a financial show, so we got to stay within the financial sphere. I don't want to get into any other kinds of topics, financial sphere. And of course, my goal here is to help you reach that goal of financial freedom.

1:27.0

So my goal is to teach. Today we had a class. I had a class at Vestock Academy and it was all about inflation,

1:38.0

deflation and stagflation. And it really is interesting to refresh my memory and knowledge of those topics,

1:45.0

where they came from and stuff. I remember, I don't think I've ever been in an environment,

1:51.6

grew up an environment of deflation, but stagflation, yes.

...

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