1-27-2023 – Recession Fears Aside, U.S. GDP Rose 2.9% in the Fourth Quarter
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 28 January 2023
⏱️ 43 minutes
🧾️ Download transcript
Summary
A sharp slide in housing helped pull down the GDP, but boosts in government spending and private investment aided its growth.
Today's Stocks & Topics: CRGY - Crescent Energy Co., SPXL - Direxion Daily S&P 500 Bull 3X Shares, INFY - Infosys Ltd. ADR, Inflation, LCID - Lucid Group Inc., ADMA - ADMA Biologics Inc., NCLH - Norwegian Cruise Line Holdings Ltd., VLO - Valero Energy Corp., 401k Allocations, U.S. Productivity.
Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline.
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Transcript
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| 0:00.0 | At a time, when investors are confronted with market volatility and a variety of challenges |
| 0:11.2 | fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures, |
| 0:18.8 | just in decline and Steve Peasley, stand ready to take your finance and investment questions |
| 0:23.8 | and share their unbiased answers. |
| 0:27.0 | This is Invest Talk, independent thinking, shared success. |
| 0:32.2 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving |
| 0:37.6 | clients throughout the United States. |
| 0:40.9 | The clarity for your path forward starts now. |
| 0:45.3 | Here is KPP Financial President, Financial Advisor, Steve Peasley. |
| 0:50.3 | I'm Steve Peasley, I'm here today on this radio program podcast to help you make the most |
| 0:54.9 | of your portfolio strategy and the decisions that you have to make every day. |
| 1:00.2 | So what kind of decisions are you making today? |
| 1:03.2 | Any, as your decision is to do nothing, along with as a conscious decision, I'm okay with |
| 1:08.2 | them, but you still got to make decisions. |
| 1:10.8 | So maybe I can help you with a direction. |
| 1:13.4 | Maybe I can give you some information that you need, that you could use, and you can call |
| 1:18.4 | our 80 time number. |
| 1:19.4 | It's open now, seven days a week, but we're live, four to five pacific time, Monday through |
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| 1:26.7 | So the number is 888-99-chart, 8088-99-chart, I've got a lot of material to discuss with you |
| 1:33.5 | today. |
| 1:34.5 | My focus point today concerns recession fears aside, the US GDP rose 2.9% of work order. |
... |
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