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InvestTalk

12-17-2020: Massachusetts: "Robinhood Is A Reckless Company Gamifying Investing"

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Business, Business News, News Commentary, Investing, Entrepreneurship, News

4.31.5K Ratings

🗓️ 18 December 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

Massachusetts Secretary of Commonwealth Galvin has accused stock trading app Robinhood of using exploitive business tactics on its millennial.



Today's Stocks & Topics: GTBIF - Green Thumb Industries Inc., LHSIF - Liberty Health Sciences Inc., AMWL - American Well Corp., Sector Spotlight Guests: Ron and Lisa – The Healthy Home Dream Team, U.S. Manufacturing, PLTR - Palantir Technologies Inc., New Labor Department Rules.



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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, and now today's podcast.

0:17.0

Good afternoon fellow investors and welcome to Invest Talk. This is our

0:26.8

December 17th, 2020 edition of Invest Talk. I appreciate you all tuning in for this hour. I know we just

0:36.0

have eight days left until Christmas. Hopefully you got your Christmas shopping done. I know,

0:41.3

I try to do a lot online and I can't get stuff until after Christmas so I had to go in person yesterday

0:48.4

So hopefully you guys are all done and I know it still seems like it's a little bit of ways away but

0:55.3

it's going to be here quick and then the new year and a new year brings new

1:00.0

opportunities a new environment right we have a new environment, right? We have a new president to be inaugurated on the 20th of January,

1:09.0

and that brings a new administration, a new set of priorities and potentially a different market depending on what those

1:18.9

priorities are.

1:21.9

Now we are in the midst of negotiations with the

1:26.2

in Congress to pass the next stimulus bill and it's it's I think it's going to get done

1:30.6

because there's too many vital aspects of the First Cares Act that was passed

1:36.2

in the spring that are going to expire at the end of this year.

1:41.2

And so we're likely to get that as well. So what does that mean for markets? You know, we're in a very bullish scenario here, or at least it's been bullish, right?

1:53.0

Doesn't necessarily mean the future has to be bullish though.

1:57.0

And doesn't mean that ones that have driven the market

2:00.0

over the past year, even 10 years have to be the ones that will bring the market higher

2:08.8

in the future, right?

2:11.4

So we're going to do our best in this hour to help you navigate this kind of changing market

2:19.4

environment.

...

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