11-20-19: U.S. Housing Starts Rebound With Building Permits At Highest Level In Over 12 Years
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 21 November 2019
⏱️ 47 minutes
🧾️ Download transcript
Summary
Amid lower mortgage rates, the latest data demonstrates strength in the housing market.
Today's Stocks & Topics: 401k, Federal Reserve, Leading Indicators, CHK - Chesapeake Energy Corp., AEO - American Eagle Outfitters Inc., OXY - Occidental Petroleum Corp., Portfolio Re-balancing, Recession, AAPL - Apple Inc.
Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields.
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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 everybody and welcome to Investock. It is Wednesday, November 20th, 2019. |
| 0:28.0 | And I do appreciate you being with me. And of course, lots of going on, always is, lots of interesting economic news |
| 0:35.3 | coming out this week, so I'm going to be sharing that. Especially about housing. |
| 0:39.6 | I think that's it's destructive. And the reason why housing is so important |
| 0:44.1 | because it's a major part of what you know our our wealth here everybody in the |
| 0:48.9 | United States our wealth is built a lot into our house and where that money is you know when we buy our house |
| 0:56.2 | we built equity in it we have wealth and then you add that to our 401k's IRAs and |
| 1:02.4 | anything else we have. |
| 1:04.0 | And so it's very important. |
| 1:06.0 | Housing is very important to most of us. |
| 1:08.0 | Anyways, I'm Steve Peasley, and I really do thank you for being with me today and a host of course I hope you'll |
| 1:14.7 | call me as well with all your investing questions anything financial we'll talk |
| 1:18.0 | about and when you do of course you drive the show in the direction you want to go |
| 1:22.0 | and that's how I like it. |
| 1:24.0 | Where do you want to take the show? It's totally up to you. |
| 1:27.0 | As long as it's financial, where I'm with you. |
| 1:30.0 | And of course, we're all, you know, it's always about the same goal of financial freedom. |
| 1:34.0 | And whatever that means to you, you know. |
| 1:37.0 | Anyway, in this hour I'm going to do my best to guide you with unbiased opinions about whatever you ask. |
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