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03-11-20: Could The Stock Market Plunge Cause A Recession?

03-11-20: Could The Stock Market Plunge Cause A Recession?

FromInvestTalk


03-11-20: Could The Stock Market Plunge Cause A Recession?

FromInvestTalk

ratings:
Length:
50 minutes
Released:
Mar 12, 2020
Format:
Podcast episode

Description

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?"
Released:
Mar 12, 2020
Format:
Podcast episode

Titles in the series (100)

In today's ever changing global economy, understanding investment options can be a daunting, time-consuming task. With all the opinions and hearsay that can bombard investors, education is a key component to success. That's why more and more savvy investors are tuning into InvestTalk. InvestTalk is a weekday program that looks at new and relevant investment topics each weekday, and answers questions about financial and retirement planning, money management as well as general concerns about the stock market with financial adviser, Steve Peasley.