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InvestTalk

U.S. Money Supply Drops to Great Depression Levels

InvestTalk

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

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

4.41.5K Ratings

🗓️ 12 September 2024

⏱️ 51 minutes

🧾️ Download transcript

Summary

In a rare event that historically signals economic turbulence, the U.S. M2 money supply has experienced its first decline since the Great Depression. This significant drop has implications for the stock market, as past occurrences of similar contractions often preceded major economic downturns.

Also in this podcast: CVX - Chevron Corp. (NYS); LULU - lululemon athletica inc. (NAS); AQN - Algonquin Power & Utilities Corp. (NYS); SBUX - Starbucks Corp. (NAS); RTX - RTX Corp. (NYS); KOF - Coca-Cola Femsa S.A.B. de C.V. ADR (NYS); CVCO - Cavco Industries Inc. (NAS); TROW - T. Rowe Price Group Inc. (NAS); plus a question about 'margin investing', Justin's MARKET WRAP UP and his topic talking points: REITs and Market Rotation.



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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 independent thinking shared success

0:17.5

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, Justin Klein.

0:35.0

Good afternoon fellow investors and welcome back to Invest Talk.

0:40.0

This is our Wednesday, September 11, 2024 edition of Invest Talk, and it happens to also be my birthday today.

0:49.7

So a special day for me and obviously a very memorable day for all that were alive

0:59.8

20 or what are we, 23 years ago now?

1:03.7

And we know that these type of major terror events

1:09.9

or just out of left field events can happen.

1:14.0

And you're never really truly prepared for anything like that,

1:20.0

but it's something that you have to look back on and learn many lessons.

1:26.7

You know, major events like that can teach us many things.

1:30.1

And that's what the show is about, is about teaching you not just one thing, but constant, consistent philosophy that will guide you towards better decisions with your money.

1:44.3

And here to start the program,

1:46.1

let me pass along the news of the latest Invest Talk

1:50.6

Wealth Webinar coming up and is free.

1:55.0

And it's focusing on effective strategies to managing your 401k or

2:00.0

your workplace retirement account, whether it's 403B, whatever that is, okay?

2:05.3

And how that relates to your bought or plan,

2:08.2

how to enhance that retirement savings,

2:10.7

which frankly, it's for the vast majority of people.

...

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