11-09-2020: As Mortgage Rates Jump, Housing Stocks Have A Split Reaction To COVID Vaccine News
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 10 November 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Stocks of the biggest builders are down after positive news on a coronavirus vaccine from Pfizer and BioNTech.
Today's Stocks & Topics: LVS - Las Vegas Sands Corp., RGA - Reinsurance Group of America Inc., Bitcoin, Gold, PFE - Pfizer Inc., Cash Flow, GOLD - Gold Continuous Contract, Target Date Funds, Volatility.
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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. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon fellow investors and welcome to Invest Talk. This is our November 9th |
| 0:30.6 | 2020 edition of Invest Talk and you know we're speeding towards the end of the year a little over a month and a half left it's been quite the year |
| 0:41.9 | for the most part I think we're past all the major news though. |
| 0:46.0 | We're past earning season, we're past the election in most people's minds, |
| 0:52.0 | but there's a lot to discuss a lot of moving parts, right, as we prepare |
| 0:58.8 | for a different government. |
| 1:01.9 | In some ways it'll be the same same and other ways it will be different and |
| 1:04.8 | that can affect various industries in different ways. The announcement today |
| 1:11.0 | of the Pfizer vaccine the The market was kind of split and we'll discuss on a little bit later on what that actually |
| 1:27.0 | means for particular segments of the market because it's definitely not, wasn't cheered by all segments let's just say that and we |
| 1:36.6 | know that there's likely to be volatility as the market start to figure out what 2021 is going to look like. |
| 1:47.0 | There's a lot of uncertainty, right? |
| 1:50.0 | Yes, this data was good from Pfizer, but it doesn't mean that it was approved either. |
| 1:57.0 | Remember, this is just the first set of data. |
| 2:00.0 | Certainly, you can have more setbacks. |
| 2:03.0 | There could be another vaccine that is approved or comes out with good data. |
| 2:08.0 | And then you have the future of what policy will look and how that impacts each sector. |
| 2:21.0 | So we're going to talk about all of these things and more and whatever is on your mind most of all. |
| 2:28.0 | Most importantly, I'm Justin Klein and today in this program in pockets I am going to do my best as usual to give you |
... |
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