7-16-2021: One Analyst Has Warned the Dollar Is 'Doomed' In the Long-Term Due to Rising Deficits
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 16 July 2021
⏱️ 46 minutes
🧾️ Download transcript
Summary
The CEO of Double Line Capital has offered a dire assessment on the U.S. dollar because of rising U.S. trade and budget deficits.
Today's Stocks & Topics: LLNW - Limelight Networks Inc., Retail Sales Report, Average of the Social Security Check, Home Values, One Year CD Rates, SNAP - Snap Inc., AOUT - American Outdoor Brands Inc., NYCB - New York Community Bancorp Inc., FIGS - FIGS Inc., LUMN - Lumen Technologies Inc., JEPI - JPMorgan Equity Premium Income ETF, ARCC - Ares Capital Corp., ATWT - ATWEC Technologies Inc.
TRIVIA QUESTION: "Henry Ford founded his company in 1903... but WHEN did "Ford Motor Company" first go public-- which YEAR? AND--what do you suppose was the price of the cheapest Ford automobile back in 1949? HINT: the vehicle was a so-called "business coupe".
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 | Now, on this Invest Talk podcast, Steve Peasley listens to your questions and provides unbiased answers. |
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| 0:31.0 | This podcast is produced by KPP Financial, Steve Peasley President, KPP Financial, Independent Thinking, Shared Success, and out today's podcast. |
| 0:47.0 | Good afternoon everybody and welcome to Invest Talk. |
| 0:51.0 | It is Friday, Little Friday, July 16, 2021. |
| 0:56.0 | I remember my younger days in my career. |
| 0:58.0 | I love Fridays because the weekends were just a blessing. |
| 1:04.0 | I commuted into New York City from New Jersey and it was an hour and a half commute one way because I couldn't afford anything else. |
| 1:13.0 | And an hour and a half went out. |
| 1:16.0 | So that's three hours a day plus working the minimum of 9 hours, 10 hours, 11 hours usually. |
| 1:23.0 | It made for a long week. |
| 1:25.0 | So I was used to love Friday. |
| 1:26.0 | These days, eh, it's Friday. |
| 1:28.0 | No big deal. |
| 1:30.0 | Anyways, so summer's going by pretty fast. |
| 1:33.0 | It was pretty warm today here in Southern California but pleasant. |
| 1:37.0 | I hope wherever you are, it was nice there too. |
... |
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