12-11-19: U.S. Helped China Build Its Economy For Decades
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 12 December 2019
⏱️ 46 minutes
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Summary
During a time of trade war tensions, China reportedly wants the U.S. to 'step back' so Beijing can rise in power on the world stage.
Today's Stocks & Topics: O - Realty Income Corp., Warrant vs. Common Stocks, 401k and I-R-As, SMG - Scotts Miracle-Gro Co., Inflation, Mistakes on Retirement Goals.
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| 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 Wednesday December 11th |
| 0:25.8 | 2019 and I'm looking at the calendar and I can see Christmas is just a couple |
| 0:31.0 | weeks away. |
| 0:32.6 | And then of course that means a New Year's Day, |
| 0:35.0 | to 2020 is only three weeks from today. |
| 0:38.4 | New Year's Day, so we'll be in 2020. |
| 0:41.6 | I can't believe that. Well, we've all been watching the news as we do every day and |
| 0:46.3 | it's always interesting. Some days more interesting than others. Today we had some kind, |
| 0:51.8 | you know, we had the Fed meeting and it was you know probably no one even |
| 0:55.2 | knows that we had it it wasn't really well advertised to our broadcasts and news |
| 1:00.3 | media didn't really care about it financial news media didn't really care about it. Financial news media didn't really. |
| 1:03.2 | That's because everybody expected the Fed to do nothing and is that's exactly what they |
| 1:06.7 | did. Nothing. They didn't raise or lower the interest rates and Powell actually |
| 1:12.2 | said that they probably are not going to do anything with his |
| 1:16.4 | rates for a while. So that's what he said. We'll see if that comes comes true I have a feeling they might lower the |
| 1:24.3 | rates one more time next year early next year that's my prediction one of the reasons |
| 1:30.1 | one other reasons I'm predicting that is that in the new year, remember there's 12 members of the |
| 1:36.9 | Federal Reserve representing the 12 districts in the United States. |
| 1:41.4 | They split up the United States in 12 districts. Nine of those |
... |
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