InvestTalk 2-5-2024 – Why Is Everyone Always Wrong About the Fed?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 6 February 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
Traders—and the Fed itself—are notoriously bad at predicting interest rate moves.
Today's Stocks & Topics: VTGN - VistaGen Therapeutics Inc., POWL - Powell Industries Inc., NYCB - New York Community Bancorp Inc., META - Meta Platforms Inc., Shipping Lanes, HCC - Warrior Met Coal Inc., Crypto ETFs.
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Transcript
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| 0:00.0 | At a time when investors are confronted with market volatility and a variety of challenges fueled by the uncertainty of inflation, |
| 0:14.0 | unsettled geopolitical tensions, and economic pressures. |
| 0:18.0 | Justin Klein and Steve Peasley, stand ready to take your finance and investment questions and share their |
| 0:25.2 | unbiased answers. This is Invest Talk, independent thinking, shared success. Invest Talk is made possible by KPP Financial, a registered |
| 0:36.0 | investment advisor firm serving clients throughout the United States. |
| 0:40.0 | The clarity for your path forward starts now. |
| 0:45.0 | Here is KPP Chief Executive Officer, Financial Advisor Justin Klein. |
| 0:52.0 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:57.0 | This is our Monday, February 5, 2024 edition. |
| 1:01.0 | And it is Monday and that means Luke is back with us. |
| 1:05.0 | Thanks for jumping on this Monday Luke. |
| 1:07.0 | Thanks for having me. |
| 1:08.0 | It's good to see that you weren't washed away in some of the flooding that's been happening the past two days. |
| 1:12.0 | Not yet, but we still have a lot more rain to come over the next couple of days. |
| 1:16.7 | So I know we have listeners all over the country, but here in California, we are seeing an unusual amount of rain. |
| 1:24.8 | Usually rain happens here in the winter. |
| 1:27.3 | You have little spurts here and there, |
| 1:28.8 | but multiple days in a row, fairly rare, right? |
| 1:32.7 | Yeah, pretty rare, the LA River, which for those who do not know, |
| 1:35.4 | is a dirty Arroyo that they just carved through Los Angeles. |
| 1:39.6 | It's not really a river at all, but it helps with flooding. Nearly overflowed yesterday, so it'll be interesting to see what it's like |
| 1:45.9 | tonight and into tomorrow well it's doing that it's doing its job it is and and we |
... |
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