01-22-20: In 2020, Should Investors Stay On The Sidelines And Hold Cash?


Manage episode 251202628 series 71998
By KPP Financial Inc., Steve Peasley, Justin Klein | Wealth Manager, and Investment Advisor | Host. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

A billionaire investor thinks a recession is unlikely this year and that investors should look beyond the coming presidential election.

Today's Stocks & Topics: Social Security, Class Action Lawsuits, Super Bowl Tickets, WEN - Wendy's Co., Housing Market, OXY - Occidental Petroleum Corp., Savings Account, SCHO - Schwab Short-Term U.S. Treasury ETF, XOM - Exxon Mobil Corp., 5G, FIVG - Defiance Next Gen Connectivity ETF, ADES - Advanced Emissions Solutions Inc., Credit Card Balances, SECURE Act.

TRIVIA QUESTION: "In which year was the FIRST United States BANK created-- and WHAT would the value of $10 million--- from the time when George Washington was President-- be worth today... after adjusting for inflation?"

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