EPISODE · Oct 9, 2019 · 45 MIN
10-09-19: U.S. Budget Deficit Almost $1 Trillion in 2019
from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
Many mainstream economists have long taken the position that deficits and the nation’s $22 trillion national debt are unsustainable. Today's Stocks & Topics: The Importance of October 9th, Cash Levels Are Rising, UBER - Uber Technologies Inc., LYFT - Lyft Inc. Cl A, Insider Buying, NOK - Nokia Corp. ADR, GEO - GEO Group Inc., BGS - B&G Foods Inc., BAGIX - Baird Aggregate Bond Fund Institutional, GDX - VanEck Vectors Gold Miners ETF, GDL - GDL Fund. Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields, 30-yr fixed mortgage rate; TRIVIA QUESTION: "If you had invested $1,000 in Google 10 years ago-- and let it ride-- HOW MUCH would that investment be worth today?"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
Many mainstream economists have long taken the position that deficits and the nation’s $22 trillion national debt are unsustainable. Today's Stocks & Topics: The Importance of October 9th, Cash Levels Are Rising, UBER - Uber Technologies Inc., LYFT - Lyft Inc. Cl A, Insider Buying, NOK - Nokia Corp. ADR, GEO - GEO Group Inc., BGS - B&G Foods Inc., BAGIX - Baird Aggregate Bond Fund Institutional, GDX - VanEck Vectors Gold Miners ETF, GDL - GDL Fund. Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields, 30-yr fixed mortgage rate; TRIVIA QUESTION: "If you had invested $1,000 in Google 10 years ago-- and let it ride-- HOW MUCH would that investment be worth today?" 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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10-09-19: U.S. Budget Deficit Almost $1 Trillion in 2019
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