Mortgage Rates Were Supposed to Come Down. Instead, They're Rising
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 29 October 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
Several key factors contribute to persistently high rates, including inflation concerns, Federal Reserve monetary policies, and broader economic uncertainties.
Today's Stocks & Topics: CHWY - Chewy Inc. Cl A, IBM - International Business Machines Corp., Market Wrap, ICLR - Icon PLC, RCL - Royal Caribbean Group, Mortgage Rates Were Supposed to Come Down. Instead, They're Rising, IBRX - ImmunityBio Inc., New but Old CEOs, NEM - Newmont Corp., Value Stocks, GGG - Graco Inc., RMBS - Rambus Inc., YORW - York Water Co., Soft Landing and No-Landing.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on Invest Talk. |
| 0:09.0 | And for our podcast subscribers, this is Invest Talk. Independent thinking shared success. |
| 0:18.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving clients throughout the United States. |
| 0:27.0 | Here is KPP Financial Chief Executive Officer, Financial Advisor advisor Justin Klein. |
| 0:35.0 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:40.0 | This is our Monday, October 28, 2024 edition of Invest Talk. |
| 0:45.0 | Appreciate you all tuning in to this episode and liking and |
| 0:49.7 | and subscribing to our |
| 0:55.0 | objective here, each and our objective here each and every day is to help you become a better investor. |
| 1:00.0 | That's what this is all about. |
| 1:02.0 | And we do that one step at a time, one day at a time, one lesson at a time and every caller that calls in I try to broaden out a stock specific question often and bring you the bigger picture about a sector, about the |
| 1:16.7 | risk, whether it's a large cap or small cap, debt on its balance sheet, profitability of the business, |
| 1:22.4 | etc. |
| 1:23.2 | These are all things that I try to get to so that you know how to think about these concepts |
| 1:29.1 | dynamically. |
| 1:30.1 | Because that's what investing is about. |
| 1:31.4 | It's not one factor, it's not, oh, I'm just going to invest in the name that had the best performance over the last year. |
| 1:39.0 | A lot of people try to simplify it down to those things, and that's where most people get in trouble. |
| 1:45.2 | They're not kind of seeing the big picture, balancing the pros and the cons, and that's what we are here to help you do. |
| 1:51.5 | So that you make better decisions with your money, make more informed decisions. |
| 1:55.5 | And that's really what it's all about. |
| 1:57.1 | Being informed and making sure that you are going into any decision with your eyes wide open so you're not you're not blindsided right by |
... |
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