11-18-2020: Home-builder Confidence In November Breaks The Record High
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 19 November 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Historically low mortgage rates, favorable demographics and an ongoing suburban shift for home buyer preferences have spurred demand and increased new home sales.
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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 it is Wednesday |
| 0:24.4 | November 18th 2020 and I know everybody is anxious about things we had a |
| 0:29.8 | pretty volatile day I noticed that the volatility was down just the last hour. |
| 0:35.0 | Well, that's kind of interesting. |
| 0:37.4 | Of course, the pandemic is still with us and growing, but also we have a vaccine that's |
| 0:41.8 | coming out almost within weeks a vaccine that's 95% effective. |
| 0:48.0 | Two vaccines matter of fact, not just one. |
| 0:51.0 | So there's a race going on. Vaccine infections. And I don't know if you notice, but if you really |
| 0:57.8 | look at the details, and you don't really get a lot of details on the news. |
| 1:02.6 | But if you look at the details, |
| 1:04.6 | over 80%, 80% of those people who get COVID |
| 1:09.4 | have no are very little symptoms. |
| 1:12.4 | And the death rate has fallen steeply so they have better |
| 1:17.6 | treatments now they know what to do better doesn't mean that people are still |
| 1:21.2 | not dying and it's still a tragedy. It is. I'm just saying |
| 1:24.8 | that there are really good signs that we're going to get on top of this. I'm convinced of that. |
| 1:30.7 | We'll be on top of this by this time next year I think it's going to be just a footnote story |
| 1:35.7 | you know that it still be maybe around but no one's really worried about it |
| 1:40.3 | anyways that certainly caused a lot of uncertain times now though right today. |
| 1:45.0 | So what are you going to do? What are we all going to do? |
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