2-18-2021: Household Debt Rises To $14.6 Trillion Due to Record-Breaking Spike In Mortgage Loans

InvestTalk

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

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

4.4 • 1.5K Ratings

🗓️ 19 February 2021

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mortgage debt alone passed $10 trillion for the first time and it increased at the fastest fourth quarter pace since 2006.

Today's Stocks & Topics: GME - GameStop Corp. Cl A, D - Dominion Energy Inc., GT - Goodyear Tire & Rubber Co., CCIV - Churchill Capital Corp. IV Un, Day Trading, Retail Sales, Inflation, BGS - B&G Foods Inc., Trading on Fundamentals, Taxes, Wash-Sale Rule, MRO - Marathon Oil Corp., PLTR - Palantir Technologies Inc., Bitcoin.

TRIVIA QUESTION: "Can you name 1 or more of the 7 companies that have been listed the longest on the NYSE?"

Hint: 2 of the 7 were first listed during World War 2.

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Transcript

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0:00.0	Now, on this InvestDoc podcast.
0:04.0	Hi, thank you guys for your show.
0:06.0	I really enjoy it.
0:07.0	I had a quick question about a stock.
0:09.0	CC, IV, Churchill Capital, IV Corp.
0:14.0	Steve Peasley responds to your questions.
0:17.0	It is just a story.
0:18.0	It's a blank check company.
0:20.0	Meaning it's a company set up and went public.
0:22.0	But they had no products.
0:23.0	InvestDoc, over 29 million downloads and counting.
0:27.0	Hey Steve, this is Mike.
0:29.0	From Lake Charles, Louisiana.
0:31.0	I had a question about day trading.
0:33.0	If I buy a stock and it goes up, can I sell it that day?
0:37.0	Yes, you can.
0:38.0	But you also have to think about taxes.
0:40.0	Your participation makes it unique.
0:43.0	888-99.
0:45.0	Chart.
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0:55.0	Steve Peasley, president.
	...

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