12-30-2020: U.S. Home Prices Jumped At The Fastest Pace In Over 6 years
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.3 • 1.5K Ratings
🗓️ 31 December 2020
⏱️ 45 minutes
🧾️ Download transcript
Summary
In October, strong demand and limited supply pushed home prices up 7.9% as the pandemic-driven buying spree cut the number of available properties for sale to record lows.
Today's Stocks & Topics: WBA - Walgreens Boots Alliance Inc., Stocks that Lost Billions This Year, SFIX - Stitch Fix Inc. Cl A, O - Realty Income Corp., Oil Tanks, OVID - Ovid Therapeutics Inc., NAT - Nordic American Tankers Ltd., TGT - Target Corp., WMT - Walmart Inc., Stock Evaluation.
TRIVIA QUESTION: "What is the approximate U.S. Equity Market Value in 2020? AND-- how much has it increased since 2012?"
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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. I do appreciate you being with me here on this Wednesday |
| 0:26.7 | December 30th, |
| 0:28.7 | 2020. So there's a lot of moving parts going on in the marketplace, in the economy, in the world, and, you know, in the vaccine. |
| 0:39.0 | Did you hear that AstraZeneca's vaccine was approved in the United Kingdom today so that makes three |
| 0:48.6 | three vaccines that are been approved anyway, it is January 1st is coming around. It would be here Friday. So that |
| 0:57.8 | mean that's a holiday. Tomorrow I think is a half day for the market. So then we'll be into the new year, 2021. Okay, so we know about the COVID |
| 1:09.3 | vaccine that's being distributed in the United States, but of course you did probably hear that there's |
| 1:16.2 | a new strain out there too. |
| 1:18.3 | And that strain is supposed to be more contagious. The good thing is the vaccine is supposed to work on that new |
| 1:25.6 | stream as well. So do we call that COVID-19 B or COVID-20 that new strain what do we call that? |
| 1:33.7 | Now I mentioned on the air that that would happen many months ago because I talked to my |
| 1:39.1 | one of my oh it's a nef it's a niece's husband who works in infectious diseases and poisons and things, and he said |
| 1:50.8 | there will be different strains of this COVID-19. |
| 1:55.0 | You mentioned that to me then. |
| 1:57.0 | And I mentioned it on air that it'll probably have different strains. |
| 2:00.0 | And then we have it. |
| 2:02.0 | So we're going to have to just do with it people, |
| 2:06.0 | and we've been dealing with it for a long time |
| 2:08.0 | and I know you're tired of it because I am very tired of it, |
... |
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