12-04-19: Where To Hide Out If We Have Another December Market Plunge
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 5 December 2019
⏱️ 46 minutes
🧾️ Download transcript
Summary
In 2018, we saw the worst December decline since the Great Depression-- but there are safe sectors if you know where to look.
Today's Stocks & Topics: CSCO - Cisco Systems Inc., F - Ford Motor Co., ZTS - Zoetis Inc., At age 50, how do I allocate my retirement funds?, IRA distributions?, '529' plan?, Stop-loss order?, STEVE comments on: How overseas 10-year treasury rates compare with the U.S., STEVE reveals: 3 things in 2020 that might affect the market. Inc
Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields.
TRIVIA QUESTION: "Today, in the United States, our GDP is equal to about $20.5 TRILLION. Looking back over time, WHAT was our GDP in 1933 when President Roosevelt took office? And, for the years 1960 through 2018, WHAT was the AVERAGE size of the U.S. GDP?" Answer will be included on Friday's (12/6/19) program.
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 | On radio, streaming live on Invest Talk.com, and for our podcast subscribers, |
| 0:10.0 | this is Invest Talk, above average investing for the average investor. |
| 0:15.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, |
| 0:22.0 | serving clients throughout the United States. investment advisor Steve Peasley. Good afternoon everybody and welcome to Invest Talk. |
| 0:37.0 | It is Wednesday, December 4th, 2019th and of course, as you know, I do welcome you to |
| 0:42.2 | the show as I do every day. I appreciate it. We're live Monday through Friday 4 to 5 |
| 0:46.1 | Pacific time and I do do enjoy talking to you and answering your questions so please do not hesitate to ask any |
| 0:54.3 | questions there's none too simple that we can't tackle okay people people sometimes |
| 0:59.3 | don't want to call because I think they don't know enough and they don't want to |
| 1:02.2 | ask a simple question. |
| 1:03.4 | Well, that's not how it works. |
| 1:05.6 | That's not how you get educated. |
| 1:07.1 | That's not how you gain knowledge. |
| 1:09.7 | You gain knowledge by asking. |
| 1:11.0 | So don't hesitate to do that. Today there wasn't a lot on the |
| 1:14.8 | plate for as economic news and the market did recover except did you notice |
| 1:20.7 | you kind of be real careful everybody because the news and the stock market is being driven day to day day to day like a crazy person like a |
| 1:29.0 | remember a long time ago I don't know how I told you at the market on a short-term basis on a day-to-day |
| 1:35.1 | basis acts like a spoiled child and it will go up and down and throw tantrums on a |
| 1:40.1 | day-to-day basis. Long- term it's very rational. Market goes up because earnings |
| 1:45.6 | of companies go up. Well this is a good example. We had a couple days where Trump |
| 1:51.5 | mentioned that you know if the Chinese trade deal doesn't |
... |
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.

