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InvestTalk

InvestTalk 2-5-2024 – Why Is Everyone Always Wrong About the Fed?

InvestTalk

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

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

4.41.5K 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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