12-05-19: Corporate America's Debt Load Is Nearing 47% Of The Overall Economy
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 6 December 2019
⏱️ 43 minutes
🧾️ Download transcript
Summary
Since the financial crisis in 2008, corporations have splurged on debt and experts are warning that ballooning figures could worsen a future economic downturn.
Today's Stocks & Topics: Overall earnings are in decline, Earnings vs. book value, Investing in real estate, URI - United Rentals Inc., HCA - HCA Healthcare Inc., UNG - United States Natural Gas Fund L.P., OXY - Occidental Petroleum Corp., SPHD - Invesco S&P 500 High Dividend Low Volatility ETF. Inc
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| 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. |
| 0:25.4 | And now KPP Chief Executive Officer, Financial Advisor Justin Klein. |
| 0:38.0 | Good afternoon fellow investors and welcome to Invest Talk. This is our Thursday, December 5th, 2019 edition of Invest Talk and as always there's a lot of variables at play and |
| 0:47.8 | we only have about four weeks left in the year and only less than three weeks left until Christmas. |
| 0:55.8 | So we obviously have the trade war still in the top of everyone's mind and only 10 days left until those potential tariffs, |
| 1:06.0 | if they'll be more broad-based, actually hit. |
| 1:09.0 | And the big question is, will we actually hit that time frame without a deal? |
| 1:17.0 | And that's, I think, the biggest story in the market today, right now. |
| 1:22.0 | And you're seeing a lot of gyrations based on it and it's something everybody should be watching. |
| 1:27.8 | Now I'm Justin Klein and thank you for joining me today. I hope you will call me with your |
| 1:32.3 | investing questions and when and if you make that call Thank you |
| 1:35.0 | and hope you will call me with your investing questions and when and if you make that call I can better help you in particular shape this show to your advantage. |
| 1:42.0 | Now remember our goal here is to help you achieve your own version of financial freedom. Now remember our goal here is to help you achieve your own version of financial freedom. |
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| 1:51.0 | This is not CMBC once again. I'm not here to push a narrative. I'm just |
| 1:58.6 | here to give a fact or to, hopefully. |
| 2:06.2 | So in this hour, I want you to give me a call, 8899, chart 88992 4270. |
| 2:09.5 | Now, Steve is up in San Jose connecting no-cost portfolio reviews for Invest Talk |
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