EPISODE · Mar 12, 2020 · 50 MIN
03-11-20: Could The Stock Market Plunge Cause A Recession?
from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
One analyst says the root of our equity downturn is the response to virus fears and an anticipated earnings hit--not financial conditions. Today's Stocks & Topics: Should You Stop Flying Because the Coronavirus?, MMM - 3M Co., PLM - Polymet Mining Corp., TLT - iShares 20+ Year Treasury Bond ETF, BAC - Bank of America Corp., MO - Altria Group Inc., AMZN - Amazon.com Inc., GOOG - Alphabet Inc. Cl C, AAPL - Apple Inc., BA - Boeing Co., California Bonds, UCO - ProShares Ultra Bloomberg Crude Oil. TRIVIA QUESTION: "If you invested $1,000 in the publicly traded company-- Nordstrom (JWN)-- 10 years ago, how much would that be worth now-- AND how did Nordstrom do compared with the S&P 500 returns in the same time frame?"Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands
What this episode covers
One analyst says the root of our equity downturn is the response to virus fears and an anticipated earnings hit--not financial conditions. Today's Stocks & Topics: Should You Stop Flying Because the Coronavirus?, MMM - 3M Co., PLM - Polymet Mining Corp., TLT - iShares 20+ Year Treasury Bond ETF, BAC - Bank of America Corp., MO - Altria Group Inc., AMZN - Amazon.com Inc., GOOG - Alphabet Inc. Cl C, AAPL - Apple Inc., BA - Boeing Co., California Bonds, UCO - ProShares Ultra Bloomberg Crude Oil. TRIVIA QUESTION: "If you invested $1,000 in the publicly traded company-- Nordstrom (JWN)-- 10 years ago, how much would that be worth now-- AND how did Nordstrom do compared with the S&P 500 returns in the same time frame?" Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me * Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai * Check out Progressive: https://www.progressive.com * Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com * Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com * Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com Advertising Inquiries: https://redcircle.com/brands
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03-11-20: Could The Stock Market Plunge Cause A Recession?
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