InvestTalk 2-7-2024 – Is the Market in a Dangerous Position?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 8 February 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
One analyst thinks that the U.S. stock market is in a “very dangerous” spot because strong jobs numbers and wage growth suggest the Fed’s interest rate hikes have not had the desired effect.
Today's Stocks & Topics: XLK - Technology Select Sector SPDR ETF, AMGN - Amgen Inc., DNN - Denison Mines Corp., BG - Bunge Global S.A., TCEHY - Tencent Holdings Ltd. ADR, Americans and the Economy, BMY - Bristol Myers Squibb Co., Senior Bank Lending Officers.
Justin's PERSPECTIVE looks at The Law of Large Numbers and how it relates to stock market dynamics... and finance in general.
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Transcript
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| 0:14.1 | At a time when investors are confronted with market volatility and a variety of challenges fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures. |
| 0:18.6 | Justin Klein and Steve Peasley stand ready to take your finance and investment questions and share their unbiased answers. |
| 0:27.0 | This is Invest Talk. Independent thinking, shared success. Invest Talk is made possible by KPP Financial, |
| 0:35.0 | a registered 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. |
| 0:51.0 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:55.9 | This is our Wednesday, February 7, 2024 edition. |
| 1:01.1 | And we are moving well into the second month of the year. |
| 1:07.3 | A lot of interesting market gyrations. |
| 1:11.0 | Next week is option X week. |
| 1:13.3 | As you probably know, I certainly think that's a time |
| 1:18.8 | that tends to bring market upside, |
| 1:22.4 | and you're starting to see that now. |
| 1:25.0 | So very interesting times to see how money kind of continues to flow |
| 1:31.0 | in a mechanical way into markets and of Now we're going to dig into more of that as we go through this hour, but our goal here is to not just |
| 1:46.3 | focus on what happened today or next week or last week, but your overall investment strategy and making it so you are prepared for what's |
| 1:59.8 | around the corner to make those decisions, not with emotions but with real facts and logic. |
| 2:10.8 | And that will typically guide you in the right direction. |
| 2:14.0 | Your emotions, as easy as they are to give into, |
| 2:18.0 | they tend to not guide you in the right direction. |
| 2:22.0 | So that's our goal here is to help you base your decision making in reality. |
... |
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