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07-31-2020: The U.S. Entered A Recession In February, Ending The Longest Expansion In Post-World War II History

07-31-2020: The U.S. Entered A Recession In February, Ending The Longest Expansion In Post-World War II History

FromInvestTalk


07-31-2020: The U.S. Entered A Recession In February, Ending The Longest Expansion In Post-World War II History

FromInvestTalk

ratings:
Length:
45 minutes
Released:
Jul 31, 2020
Format:
Podcast episode

Description

*From April through June, the U.S. economy experienced its biggest quarterly activity plunge ever, decreasing by 9.5%-- or by 32.9% on an annualized basis.*

*Today's Stocks & Topics: Apple Split, Critical Listening And Critical Reading, SSYS - Stratasys Ltd., MARK - Remark Holdings Inc., 401k Contributions, MET - MetLife Inc., IAU - iShares Gold Trust, SEDG – Solar Edge Technologies Inc., FB - Facebook Inc. Cl A, XLE - Energy Select Sector SPDR ETF.*

*TRIVIA QUESTION: "Measured in dollars, what is the approximate value of retirement assets held in 401(k) plans? AND--what is the average 401(k) plan account balance among participants in their sixties with more than 30 years of tenure?"*

*Plus: Key Benchmark Numbers and Market Comments for: Oil, Gasoline, Gold, Silver and Treasury Yields.*

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Released:
Jul 31, 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.