The Kansas City Fed set this year&#x27;s Jackson Hole theme as financial innovation and its implications for payments and policy, arriving alongside a stablecoin float above $307 billion. We will break down what tokenized money and instant payments actually change about the plumbing of the financial system, and what investors should and should not read into it. Today&#x27;s Stocks &amp; Topics: VanEck Gold Miners ETF (GDX), Market Wrap, Sandisk Corporation (SNDK), How to Identify Winning Stocks?, Nucor Corporation (NUE), Steel Dynamics, Inc. (STLD), Financial innovation is now a Fed problem, Vanguard FTSE Developed Markets ETF (VEA), Vanguard FTSE All-World ex-US Index Fund (VEU), Key Benchmark Numbers: Treasury Yields, Gold, Silver, Oil and Gasoline, Sonos, Inc. (SONO), IMAX Corporation (IMAX), State Street SPDR S&amp;P Regional Banking ETF (KRE), Taxable Account. Our Sponsors: * Check out Anthropic and use my code claud.ai/invest for a great deal: https://www.anthropic.com * Check out Quince and use my code quince.com/INVEST for a great deal: https://www.quince.com * Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com Advertising Inquiries: https://redcircle.com/brands

Financial innovation is now a Fed problem

InvestTalk

This is InvestTalk from KPP Financial, helping investors make sense of the markets one day at a time. Here's your host, Justin Klein.

Good afternoon, fellow investors and welcome back to InvestTalk. This is our Friday, Friday, we made it to Friday, Friday, August 21st, 2026 edition of InvestTalk and we have an exciting show for you today. We're going to talk all about how this market reacted this week. It was quite the week. Some big headlines, some big moves, especially in gold, which we'll talk about a little bit later.

I've been talking about kind of hammering. I've been pounding the table for the last three, four years now, but some people listen to me, some people haven't, but it's never too late. And we're going to talk about that and much, much more during this hour. Most importantly will be your live calls, your questions, 888-99-CHART, how you get through and ask your question on every InvestTalk or after hours, 24 hours a day, seven days a week. You can leave your message. We'll answer it on a future show.

We have some topics that we'll bring that I think are great, but most importantly, like I said, whatever is on your mind, we are here for it. So let's close out the week strong. Now in just a bit, we'll talk about today's market performance and run down the show topics for the hour. But as usual, we'll tackle this first caller question now.

Hello, InvestTalk. I had a question on ETFGDX. It's gold miners. From my understanding, it's not invested in gold. It's basically, it owns the miners that probably produce gold. So I was wondering if that's a good exposure to gold.

Financial innovation is now a Fed problem

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Financial innovation is now a Fed problem

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.