Strong Jobs Data: What It Means for Interest Rates and the Markets
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 10 October 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
Robust employment figures for September surpassed expectations and may lead to a more cautious approach from the Fed regarding rate cuts.
Today's Stocks & Topics: WCC - Wesco International Inc., Market Wrap, LMT - Lockheed Martin Corp., COIN - Coinbase Global Inc., Strong Jobs Data: What It Means for Interest Rates and the Markets, DMB - BNY Mellon Municipal Bond Infrastructure Fund Inc., NVO - Novo Nordisk A/S ADR, The Catastrophe Bond Market, NANR - SPDR S&P North American Natural Resources ETF, A - Agilent Technologies Inc., JNJ - Johnson & Johnson, CVE - Cenovus Energy Inc., TD Bank Settlement.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on Invest Talk. |
| 0:05.0 | And for our podcast subscribers, this is Invest Talk, |
| 0:12.0 | Invest Talk, independent thinking, shared success. |
| 0:16.0 | 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 portfolio manager Luke Guerrero. Good afternoon, investors and welcome back to Invest Talk. My name is Luke |
| 0:38.1 | Guerrero and today is Thursday October 10th, 2024. |
| 0:43.5 | And as with any day, as time passes, changes happen. |
| 0:49.4 | And that's true with markets. |
| 0:50.3 | Markets are constantly changing. You know, it's 25 days until the presidential election, |
| 0:56.7 | 82 days until we no longer put 2024 at the end of the date, and so now is not the time to lose focus. As with every |
| 1:07.8 | show as with every program as with every podcast ever as with every video the goal |
| 1:12.2 | here today is to leave a better and more informed investor |
| 1:16.2 | Now in order to do that we have a bunch of show topics for you today |
| 1:19.7 | Hopefully we can get through some of those yesterday was It was quite the crazy day, I would say, |
| 1:23.4 | with all those live calls, and I loved it. |
| 1:24.7 | So if today were to shape up like that again as well, |
| 1:27.3 | I would be very excited. |
| 1:28.3 | But before we head into the educational items, the actual items, before we talk about today's market for performance, let's tackle our first caller question now. |
| 1:40.0 | This is Kevin calling from Walker, Santa California. |
| 1:44.0 | Today I had a question about Westco International. |
| 1:48.3 | Ticker is WCC. |
| 1:51.0 | Wondering what your thoughts are on this company and what a good buy price might be for this. |
... |
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