6-28-18 4 Social Security Myths and the Reasons Why They May Be Exaggerated
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 29 June 2018
⏱️ 47 minutes
🧾️ Download transcript
Summary
According to one expert, Congress can take moderate steps to mitigate revenue problems. Is he right? Today's Stocks & Topics: MTCH - Match Group Inc., GE - General Electric Co., CGC - Canopy Growth Corp., GRMN - Garmin Ltd., HCP - HCP Inc.; ETFs in India, Fed Worries About Wage Inflation, Housing at a Peak, Most Bullish Day of Year Is?
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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 thanks for joining me on the June 28th edition of Invest Talk. |
| 0:26.8 | I'm Steve Beasley and there's a lot to talk about today. |
| 0:30.8 | Some banks are offering increased interest rates for certain accounts. You see that? |
| 0:34.3 | Unemployment is down, we all know that. And manufacturers continue to announce plans to relocate |
| 0:40.6 | jobs from overseas to the United States. |
| 0:43.9 | I don't know if you remember, |
| 0:44.9 | those listened to me for a long time, |
| 0:46.5 | about three or four years ago, |
| 0:48.4 | I was talking about, maybe even five, |
| 0:50.6 | that this was going to happen eventually because the costs outside the United States were increasing pretty fast in China especially |
| 0:59.6 | employment costs. Their wages were going up. Eventually that was going to push it back. |
| 1:04.0 | And of course now we see it happen in a big way. |
| 1:08.0 | I got several interesting financial stories to talk about, |
| 1:12.0 | but of course we do want to hear from you today. |
| 1:15.4 | Not me, you, you drive the show. 88899 chart. |
| 1:19.7 | Now large and small companies alike are proclaiming that they will bring jobs back to the US. |
| 1:26.4 | And this says something about their faith in our economic future. |
| 1:31.4 | And now as we get close to the 4th of July, you may want to know just which companies, how are we talking about? Which ones are bringing back jobs? How many jobs? What do you think? There are even, I don't know if you saw Foxcom today, but they broke |
| 1:46.2 | ground on the new Foxdong, Foxcom facility in Wisconsin. I think that's going to employ like |
... |
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