7-22-2021: Do Stock Market Records Rest More on Faith Than Corporate Profits?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 23 July 2021
⏱️ 46 minutes
🧾️ Download transcript
Summary
Wall Street’s expectations for this year’s corporate profits are still below where they were a year before the pandemic-- yet the S&P 500 is up 60%.
Today's Stocks & Topics: INFL - Horizon Kinetics Inflation Beneficiaries ETF, Housing Shortage, Low Volatility Funds, QDEL - Quidel Corp., CNC - Centene Corp., SWX - Southwest Gas Holdings Inc., BX - Blackstone Group Inc., UL - Unilever PLC ADR, IGXT – Intel Genx Technologies Corp., Dividends, BG - Bunge Ltd., VALE - Vale S.A. ADR.
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Transcript
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| 0:00.0 | Now, on this Invest Talk podcast, Justin Klein listens to your questions and provides |
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| 0:10.3 | Invest Talk, over 31 million downloads and counting. |
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| 0:25.4 | Shark. |
| 0:30.8 | This podcast is produced by KPP Financial, Steve Peasley, President, KPP Financial, |
| 0:39.3 | Independent Thinking, Shared Success, and out today's podcast. |
| 0:47.9 | Good afternoon fellow investors and welcome to Invest Talk. |
| 0:52.1 | This is our Thursday, July 22nd, 2021 edition of Invest Talk and it's the summer |
| 0:59.9 | time and volatility is picking up both the downside and the upside. |
| 1:04.7 | You've seen that over the past four days today was kind of a day, really a kind of a mixed |
| 1:11.1 | day. |
| 1:12.1 | We're going to dig into that and help unpack some of the news of the day and market movements |
| 1:19.3 | that may shape the market going forward in your investment strategy. |
| 1:25.4 | Now we're going to operate, as always, with my mission statement, which is independent |
| 1:29.0 | thinking and shared success. |
| 1:31.5 | That is our assurance to you that no matter what we're speaking about, we're here to just |
| 1:36.6 | give you the facts and using the perspective that I have of over 20 years of investment |
... |
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