12-06-19: Data Shows 2020 Might Be A Tough Year For Big City Housing Markets
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 7 December 2019
⏱️ 46 minutes
🧾️ Download transcript
Summary
According to one of the largest housing statistic databases, home sales will drop in 2020 and the housing shortage could become the worst in U.S. history.
Today's Stocks & Topics: Cost-of-Living Adjustment (COLA), S - Sprint Corp., Jobs Report, Unemployment, Consumer Sentiment, FCEL – Fuel Cell Energy Inc., AAPL - Apple Inc., Dow Futures, New Investor, LB - L Brands 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?"
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 Friday December 6th, 2019. |
| 0:27.0 | And of course, you know, a lot of things happening news, a lot of economic numbers out today, the most important, one of the week and the month, |
| 0:33.8 | probably the job report, which I will get to later on today. |
| 0:37.5 | But it was a blowout number, much better than expected. |
| 0:41.3 | And we'll go into some of the details. So I appreciate you calling. There's always |
| 0:46.0 | something going on the news. This is a calling show so I really appreciate the |
| 0:50.1 | calls that you will make today so please get ready to do that. |
| 0:54.2 | I'm Steve Peasley, and I thank you again for joining me. |
| 0:57.8 | And of course, I want you to call. |
| 0:59.2 | I always want you to call. |
| 1:00.4 | You drive the show, you take it where you want it to go. But it's got to be financial |
| 1:04.8 | calls. Anything financial we'll talk about. I don't want to talk about anything else, because I don't |
| 1:10.8 | know a lot about everything. I know a little bit about I know a little |
| 1:14.4 | about a lot of things but not a lot about any one thing. I do know quite a bit |
| 1:20.0 | about the markets that I go tell you. I know quite a bit about economics, but I'm not one of those, you know, smart people. I'm not that smart. So I'm not. And so I'm not one of those people that can you know you know |
| 1:35.7 | Spout out of all these statistics at top of their head. I just know how economics works and what drives the stock market and that's what this all shows all about to help this |
| 1:43.2 | works and what drives the stock market. And that's what this all shows all about to help you decide |
| 1:47.2 | how to invest your money, how to grow it, how to get to that financial |
| 1:50.5 | freedom goal we all set up for ourselves wherever that number is. |
... |
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.