8-10-2023 – Is Capitulation at the Market’s Highest Levels Coinciding with a Subtle Shift in the Market Narrative?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 11 August 2023
⏱️ 47 minutes
🧾️ Download transcript
Summary
More big-name investors have shuttered their bearish bets or changed their sad tune—even as the stock market has begun to edge lower.
Today's Stocks & Topics: Housing Markets, Earnings Report, Tax Credits, Student Loans, UPST - Upstart Holdings Inc., CCJ - Cameco Corp., Brokerage Accounts, KRP - Kimbell Royalty Partners L.P.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:08.9 | Just and client, Steve Peasley, stand ready to take your finance and investment questions |
| 0:14.2 | and share their unbiased answers. |
| 0:17.6 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving |
| 0:23.2 | clients throughout the United States. |
| 0:26.1 | The clarity for your path forward starts now. |
| 0:30.4 | Here is KPP Chief Executive Officer, Financial Advisor, Justin Clon. |
| 0:38.2 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:43.3 | I'm Justin Clon and I'm excited for this hour as usual with you and to help you become |
| 0:50.0 | a better investor, to keep you focused on the facts, not the narrative, not the story, |
| 0:55.9 | but the facts and stories are fun, stories are interesting, but that's not what makes |
| 1:03.9 | businesses, that's not what makes good assets. |
| 1:08.5 | Sound economics, sound business models, that's what makes good investments. |
| 1:14.8 | So our job here is to prepare you for the reality. |
| 1:20.4 | The reality is likely different than what you hope it's going to be. |
| 1:29.8 | And therefore you have to adjust your expectations accordingly because we all wish Utopia, a world |
| 1:44.2 | how we imagine it to be so. |
| 1:49.7 | What the reality is, always different, I've learned that throughout my years is that what |
| 1:55.9 | you expect to happen, both in your personal life and the broader world is often different |
| 2:04.8 | than very different than you ever imagined. |
| 2:07.4 | I mean, how many people four years ago thought we were heading straight into a global pandemic |
| 2:12.6 | that would create so many social and economic problems, right? |
... |
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