12-11-2020: E-commerce Sales Soar And Walmart Earnings Beat Expectations
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.3 • 1.5K Ratings
🗓️ 12 December 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Statistics indicate that the COVID pandemic has caused a shift in purchasing patterns equivalent to “three to five years of acceleration" in e-commerce.
Today's Stocks & Topics: BA - Boeing Co., Covid 19, GLD - SPDR Gold Shares, UDN - Invesco DB US Dollar Index Bearish Fund, CMG - Chipotle Mexican Grill Inc., Roth I-R-A, REML - Credit Suisse X-Links Monthly Pay 2x Leveraged Mortgage REIT Exchange Traded Notes, Recession.
TRIVIA QUESTION: "Our giant War Department building, known as the 'Pentagon', officially opened in January of 1943... computed in 2020 dollars, WHAT was the TAXPAYER COST to construct the Pentagon-- and WHY did architects choose a five-sided design?"
Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.
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Transcript
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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 Friday December 11 2012 and of course |
| 0:28.8 | are now what almost halfway through the month of the summer. Yeah, I like the last year I like |
| 0:36.2 | December. It's got November which has my favorite holiday and then of course |
| 0:40.4 | Christmas and the holiday season I'd like the holiday season. It's kind of fun for me. |
| 0:46.8 | Even though most of my nieces and nephews are a little bit too old to enjoy it like they used to, |
| 0:50.8 | it used to be a lot of fun. We used to go around, one of the things we used to do in my neighborhood |
| 0:54.8 | when they were young, we would pick them up, bring them over, have about 10 or 15 of them, |
| 0:59.9 | and we walk around the neighborhood and look at the Christmas lights. |
| 1:03.6 | It was kind of fun. |
| 1:05.0 | Then we have hot chocolate. |
| 1:06.1 | But now most of them are young adults and they don't like stuff. |
| 1:09.3 | Oh well, life moves on. Market still is acting up. I mean, we had okay day, I suppose, but what is amazing, if you're watching the market, what should be amazing to you is,VID cases are exploding right they've exploded already |
| 1:26.9 | Vaccines coming out the market's just shrugging his shoulder about the whole thing |
| 1:32.0 | That's pretty interesting, I think. It's going to be more |
| 1:35.5 | volatile and coming, but the market's not really being very volatile based on what's |
| 1:40.3 | happening. But you need to deal with it, you need to expect it. It is Friday and |
| 1:46.4 | I'll make, I'll do my best to share the highlights from my newest KPP premium |
| 1:50.9 | newsletter to make it interesting. I'll try. I'm Steve Peasley and today in |
| 1:56.2 | this program I'm going to do my best again to provide you with unbiased answers to your |
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