12-03-19: Opinion: Stocks Will Not Keep Climbing Next Year
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 4 December 2019
⏱️ 46 minutes
🧾️ Download transcript
Summary
The average Wall Street estimate expects corporate earnings to grow by 10% next year, but strategists at Morgan Stanley are forecasting flat corporate profits.
Today's Stocks & Topics: STZ - Constellation Brands Inc. Cl A, Retirement Plans?, EA - Electronic Arts Inc., OPEC oil prices, Company debt, Road to riches, T – AT&T, tech stocks-- buying dividend stocks or growth stocks?
TRIVIA QUESTION: "Looking at U.S. e-commerce penetration, as a percentage of TOTAL RETAIL sales, how do today's numbers stack up against the early days? In the "retail pie", what was the percentage of online sales in the year 2000-- and in year 2007?"
Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields.
Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me * Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai * Check out Progressive: https://www.progressive.com * Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com * Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com * Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com * Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com Advertising Inquiries: https://redcircle.com/brandsTranscript
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 |
| 0:26.0 | December 3rd 2019 and well we've been watching news and as always it's |
| 0:32.2 | pretty interesting I think it's |
| 0:33.5 | interesting things are constantly churning and changing and going in different |
| 0:37.8 | directions in different ways today we have President Trump and London political maneuvers in Washington and |
| 0:46.0 | continue to trade friction and yes the news can and does affect the stock |
| 0:51.3 | market on a day-to-day basis. |
| 0:53.0 | The problem is you should not react to it on a day-to-day basis. |
| 0:57.0 | And I fear that people do, too often, see something in the news and then they do something, you buy or sell something. |
| 1:05.2 | Well that's really not how you're supposed to do it. |
| 1:08.2 | You're supposed to think about it longer term. And I hope that's why you tuned into the show to give you some unbiased guidance on that. |
| 1:17.0 | I'm Steve Peasley and thank you for joining me today. |
| 1:20.0 | And I hope you will call me because your questions drive the show. |
| 1:25.0 | You do tell me where you want to go, long as it's financial, we'll go there. |
| 1:29.2 | Talking about anything financial. |
| 1:31.5 | You know, it shape the show to your advantage if you wish that's up to you |
| 1:36.0 | Remember our goal is always the same we're all trying to achieve financial freedom. It's always the same no matter what it always it will never change your whole life is that way |
| 1:46.5 | Financial freedom once you even achieve financial freedom people think hold now I can relax no well |
| 1:52.1 | Doesn't happen that way. You constantly work for on your money, your |
... |
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 2026.

