EPISODE · May 15, 2020 · 46 MIN
05-15-2020: Strategist Prediction: Markets Are Too Optimistic
from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
Ahead of an earnings decline of between 30% and 50% this year, one market watcher thinks another 'leg down' is likely.Today's Stocks & Topics: Social Security for 2020, AWK - American Water Works Co., AWR - American States Water Co., SMLP - Summit Midstream Partners L.P., DHC - Diversified Healthcare Trust, ABBV - AbbVie Inc., Warren Buffett, NEM - Newmont Corp., Retirement Plan, Coronavirus Vaccine.TRIVIA QUESTION: "WHAT is a 'bank run' and, historically, WHEN did early forms of bank runs begin?"I will have the surprising answer after the break.Plus: Key Benchmark Numbers and Market Comments for: Oil, Gasoline, Gold and Treasury Yields.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
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05-15-2020: Strategist Prediction: Markets Are Too Optimistic
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