meta_pixel
Tapesearch Logo
Log in
InvestTalk

11-20-2020: A Tale Of Two Retailers: Walmart Earnings Top Expectations But Macy's In-Store Sales Dropped 20%

InvestTalk

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

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

4.31.5K Ratings

🗓️ 21 November 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

Customers patronizing Walmart and Macy's continued to shop online, but Macy's in-store spending dropped 20% and eCommerce could not offset its losses.



Today's Stocks & Topics: XPEV - XPeng Inc. ADR, Leading Economic Indicators, Stores Closing, Telehealth, Commodities, SH - ProShares Short S&P 500, Retirement, FRO - Frontline Ltd., VBR - Vanguard Small-Cap Value ETF.



TRIVIA QUESTION: "What is the meaning of the term "bid-ask" spread? And what is a simple example?"



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



Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

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, and now today's podcast.

0:17.0

Good afternoon everybody and welcome to Invest Talk. It is Friday, November 20th, 2020, coming rapidly to the close of the year.

0:30.0

November 20 next week is Thanksgiving week, yay, and then Christmas after that.

0:35.8

Then New Year's, then a whole brand new year.

0:39.2

It's going to be an interesting 2021 as it has been a very dramatic 2020 but I think next

0:47.0

year is going to be a better year for all of us I really do. Now I know you're all

0:52.2

anxious about this pandemic thing I know that and I've calmed

0:56.8

way down I know that it's spreading and it's getting bad and that's all bad I know I

1:02.0

get that but I'm trying to stay focused on the

1:04.9

positive and that's the vaccine. Okay, the two vaccines. Pfizer is applied for

1:17.2

emergency use today and they think that they'll get it before the new year sometime in December and I'm sure the first thing that the first people get it would be like the health care workers and then the elderly and then maybe school teachers so they can reopen the schools and then to people like me older people that you know are at risk that kind of thing

1:36.3

and so I think by the middle of next year you know all the not everybody will

1:42.0

have it but a big enough portion that will be able to reopen completely that's what I think

1:46.4

So we'll see it's gonna come it's just how fast

1:49.8

So I'm trying to be positive even though I know the cases are increasing.

1:53.2

And all the shutdown stuff, I think, you know, it didn't work the first time.

1:59.2

What makes it think it's going to work now?

2:01.2

I mean, maybe it'll slow it down but we are all

2:05.0

wearing masks and keeping social distance as far as I know and it still came back

2:09.3

with a roar. I don't, you know why I don't understand why we shut down because obviously is not working.

2:16.0

This doesn't work. I think that no one knows what else to do. That's what I think.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.