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InvestTalk

How Would a New BRICS Currency Affect the US Dollar?

InvestTalk

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

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

4.41.5K Ratings

🗓️ 4 February 2025

⏱️ 52 minutes

🧾️ Download transcript

Summary

To reduce reliance on the US dollar and reshape the global financial system, The BRICS nations are advancing discussions on creating a new reserve currency.

 

Today's Stocks & Topics: NVDA - NVIDIA Corp., SCCO - Southern Copper Corp., UPS - United Parcel Service Inc. Cl B, Profits, Market Wrap, How Would a New BRICS Currency Affect the US Dollar?, FIHL - Fidelis Insurance Holdings Ltd., TSCO - Tractor Supply Co., Tariffs, CEG - Constellation Energy Corp., MSFT - Microsoft Corp., Portfolio Diversification.



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Transcript

Click on a timestamp to play from that location

0:00.0

On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk. Incependent Thinking, shared success.

0:17.7

InvestTalk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States.

0:27.3

Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein.

0:34.7

Good afternoon, fellow investors, and welcome back to InvestTalk.

0:39.6

This is our February 3rd, 2025 edition of InvestTalk.

0:44.1

And yes, we are into the second trading month of the year.

0:48.5

First one went by pretty fast.

0:50.9

And the headlines just keep on coming from, you know, the trade war,

0:57.7

we had the Deep Seek news. And in my world, since I'm a Laker fan, Lakers, Seed and Tickolder,

1:03.9

17 years, we got Luca Donchage. So that's pretty crazy on our end. So, but, you know, it's, it's been a wild year already.

1:12.6

And so we are here to really guide you in navigating these uncertain times and figuring out what matters, what truly will impact companies, sectors, and markets, and what is just headline short-term nonsense,

1:35.2

for lack of a better word? And that can be difficult. We have social media, we have,

1:42.7

traditional media, we have market moves all the time, and, you know, traditional media, we have market moves all the time.

1:46.7

And, you know, those headlines can bring both fear and greed and allow those to creep into your psyche.

1:54.0

And our job here is to stop all that and focus on what the true impacts will be.

2:01.5

And so we will guide you based on our market perspective, built with over 20 plus

2:08.1

some or 25 years now of market experience.

2:11.6

And then we will answer your finance and investment questions.

2:15.9

You show you have plenty of those.

2:18.0

Okay. So that's job number one. You show you have plenty of those. Okay.

2:18.4

So that's job number one.

2:20.4

So don't hesitate to reach out and give us a call.

...

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