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InvestTalk

11-12-19: Opinion: Why The Prospective $70 Billion Buyout Of Walgreens May Signal An End To The Market Rally

InvestTalk

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

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

4.41.5K Ratings

🗓️ 13 November 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

Banks are already struggling as investors steer clear of hefty private-equity debt packages.

 

Today's Stocks & Topics: Mutual Funds Cash Levels, Rate Cuts, Costco & Black Friday Deals, AAPL - Apple Inc., OXY - Occidental Petroleum Corp., IART - Integra Life Sciences Holdings Corp., Swing Trading, MCD - McDonald's Corp., HAS - Hasbro Inc.

 

Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields.

 

TRIVIA QUESTION: "How many subscribers does Netflix have today-- in quarter 3 of 2019? And how many subscribers does Amazon Prime have today?"

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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 12th

0:25.9

2019 and you know we've been watching the news as we do every day and all

0:30.9

week it's just the way you have to do it. If you're going to be

0:33.7

a serious investor you have to pay attention to not only the news events of the days

0:38.1

and not only here in the US but around the world and also the political shenanigans I guess we should call them, all that byplay between the

0:46.1

due parties, just so you know which way the market's going to go.

0:51.7

On a day-to-day basis, the market can do anything. But it's important to know where

0:57.2

the shifts in politics and policies go in the long term. So you got to pay attention. So that's what we're doing.

1:06.0

We're all and I want to thank everybody. As you know I was in New York here just what last Thursday and Friday and of course I caught a little

1:19.7

cold it was rainy and it got very cold I mean I wasn't used to that cold I can tell you that.

1:26.0

But it was okay. I mean I enjoyed myself. I do really like New York. It's kind of fun.

1:31.6

It's a fun place to visit. So I really thank everybody for meeting with me taking the time. I do appreciate it and I hope I help some people. That's what I hope. Now I'm Steve Peasley and I thank you for joining me today and I hope you'll call me that you guys drive the show whatever direction you want to take it that's where we're going as long as it's financial we we'll go there.

1:53.0

And of course, we're all, you know, pointing at the same goal,

1:56.0

and that's for everybody to be wealthy.

1:58.0

We all want to be wealthy.

2:00.0

And of course, that means different things to different people.

2:03.6

But, you know, so that's why I use the term financial freedom.

2:06.8

It gives you financial freedom.

2:08.0

Where the money makes money for you,

...

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